crisis puts the brakes on fast fashion

Zara, H&M and Gap may be slowly reopening their stores but the coronavirus epidemic has had a devastating financial impact on the fast fashion sector, which needs a radical overhaul if it is to recover, experts say.

Nearly 40 percent of businesses in the sector are expecting the impact to be “much worse” than that of the 2008 financial crisis, a Euromonitor International survey showed.

It expects sales of clothing and shoes to fall by at least 12 percent this year.

Global leader Inditex, the Spanish group which owns the Zara fashion chain, posted a first-quarter loss of 409 million euros on Wednesday, its first-ever loss since it went public in 2001.

With 88 percent of its stores closed at the height of the global lockdown, the group saw its sales practically halved.

But the group, which has solid financials and whose shares have held up well, has continued to

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Press Release On Seoneedthis.info

Andrew M. Santos

Malang 9 August 2020

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Ifan Azwar Anas is an SEO Artist as well as the owner of Godsseo, Goyizseo, and seoneedthis.info. With the increasing number of internet users in Indonesia, search engines’ role will be even more significant in the business world.

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Regarding the slogan of seoneedthis.info, “we cheat search engines,” that is a slogan only, it does not mean we are carrying out … Read More

Press Release On Seoneedthis.info

Andrew M. Santos

Malang 9 August 2020

Seoneedthis.info is a place to learn Search Engine and does not sell and buy SEO services.

Ifan Azwar Anas is an SEO Artist as well as the owner of Godsseo, Goyizseo, and seoneedthis.info. With the increasing number of internet users in Indonesia, search engines’ role will be even more significant in the business world.

Many SEO services offer services in the field of SEO, but it is apparent that Seoneedthis.info is only a place to learn search engines without trading any services.

The education provided at Seoneedthis.info is about all activities related to search engines, from optimization to strengthening positions on search engines.

The education provided here is global and has nothing to do with white hats, gray hats, or black hat techniques.

Regarding the slogan of seoneedthis.info, “we cheat search engines,” that is a slogan only, it does not mean we are carrying out … Read More