Two people walk past the Zara clothing brand name at a shopping mall in Beijing. Photo: AFP
Online sales of brands from Uniqlo to Zara plunge in China as Covid-19 lockdowns freeze spending
- Sales turnover for Japanese clothing brand Uniqlo on Tmall was down 33 per cent in April from a year ago, while Spanish apparel retailer Zara saw a plunge of 56 per cent
- China’s e-commerce sector has been hit hard, with disruptions to deliveries and warehouses locked up, while demand for luxury goods has dried up
Two people walk past the Zara clothing brand name at a shopping mall in Beijing. Photo: AFP