Zara is a Spanish retailer that was founded in 1975 and has become world-famous for its trendy fashion lines. Recently, the company announced that it would be focusing more on its online sales and plans to close up to 1,200 stores worldwide.
Since the pandemic, Zara hasn’t been doing too well financially, as most of its storefronts have been empty for two years. Zara is looking for every way to save the company from going under and found that its online sales are keeping the company afloat. It is uncertain what the future looks like for Zara, but hopefully, it will be good.