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International Journal of Interdisciplinary Research

Table 4 The summary of three selected global fashion retailers

From: Global fashion retailers’ responses to external and internal crises during the COVID-19 pandemic

Brand name

Head-quarter

Founded year

# of stores worldwide

Net sales (3 quarters of 2020)

Zara (Inditex)

Spain

1974

2,270

€14.1 billion (About $14,100 million based on currency standard on December 30, 2020)

H&M (Hennes & Mauritz AB)

Sweden

1947

4,492

SEK 134,482 million (About $22,204 million based on currency standard on December 30, 2020)

Uniqlo (Fast Retailing Co., Ltd.)

Japan

1984

2,242

¥1,385,360 million (About $13,447 million based on currency standard on December 30, 2020)

  1. Each group’s standard for financial year is different: Inditex 3 quarters (From February 1, 2020 to October 31, 2020), Hennes & Mauritz AB 3 quarters (From December 1, 2019 to August 31, 2020) Fast Retailing 2–4 quarters (From December 1, 2019 to August 31, 2020)
  2. Number of stores worldwide is on the basis of 2019 year, the latest year that data is available
  3. Source: Developed by the authors based on the companies’ websites, annual reports, quarterly consolidated business results, nine-month report, first-half of FY2020 fact book, interim nine months 2020 results, and annual accounts report (e.g., Fast Retailing, 2020a, b; H&M Group, 2020a, b; Inditex, 2019, 2020a, b)