DAVID’S ONLINE RESCUE OF THE GOLIATH OF FASHION! »
Inditex SA, the world’s largest clothing retailer, and Zara’s parent company, has been hit hard by the pandemic, with a sales decline of 44% to €3.3bn/$3.8bn during the first quarter of its financial year. Considering the sharp downturn in sales, one will understandably wonder about Inditex’s relatively small loss. Here is why: online sales rose significantly during the worst period of the pandemic. Today, the giant Spanish retailer looks forward to the challenges of the post-COVID19’s new reality with self-assurance and an unmatched in-store and online retailing savvy.
HARVARD BUSINESS REVIEW: YOU CAN’T HEAT UP THE PLANET AND STILL BE THE WORLD’S TOP CEO »
Would Pablo Isla of the global fashion giant Inditex be Best Performing CEO in the world if his company weren’t eco-friendly? Surely not! Performance on environmental, social and corporate governance (ESG) issues makes up 20% of a CEO's overall score per Harvard Business Review. It's about "CEO activism", crucial in Isla's achievement of the title of the world's Best CEO in 2017 and 2018
MARTA ORTEGA: WHO IS SHE & WHY SHOULD HER NAME RING A BELL? »
Zara on Oxford Street, London: the heir presumptive worked here!
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By Natalie McNeal Photos: Natalie McNeal, etc.
INDITEX BACK TO BACK (1) »
Editor’s Note: “Inditex Back to Back (1 & 2)” has been put together by GUIDEPOST to honor two individuals who were
