It's due to 44% fall in sales.
The owner of Zara is to close up to 1,200 stores around the world.
Inditex says it will be shutting down outlets as there has been a 44 percent fall in sales.
The fashion retailer also owns brands such as Massimo Dutti, Bershka and Pull and Bear.
Zara becomes the latest high street chain to be impacted by Covid-19 although it's not clear yet if Irish stores will be affected.
