The Inditex company, which owns the Zara brand, announced in the middle of the slowdown in growth rates in the first quarter of the current year.
According to the data, Inditex's revenue for the first quarter increased by 50% compared to the previous year, with a decrease of 18% compared to 2019.
"We continue to expand digital and physical networks and modernize our stores," said a company representative.
At the beginning of the year, Inditex opened 83 new Zara stores and closed 270.
