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Inditex’s online sales up 50% during store closures

The owner of fashion brands such as Zara, Bershka and Massimo Dutti, recorded a 44% drop in sales in the first quarter of 2020, despite 88% of the Group’s stores being closed at some point during the period due to the Covid-19 pandemic.


Natuzzi risks delisting from NYSE

On April 7, the Italian premium leather furniture manufacturer received notice from the New York Stock Exchange (NYSE) that it would be delisted if it is not able to comply with the Dollar Price Standard within the applicable cure period.