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Gap to shut all Banana Republic stores in Britain

Gap is to close all its Banana Republic stores in the UK as the ailing fashion retailer focuses on North America to revive its sales. The company said it expected to close the majority of the eight UK stores by...

Zara enters Vietnam with its first store at Vincom Center

Zara recently launched its first store in Vietnam at Ho Chi Minh City’s Vincom Center. This store occupies 2,400 sq meters and is spread across two floors including over 1,800 sq meters of commercial space. This Zara store will be...

Trent to raise Rs 300 crore via non-convertible debentures

Tata group retail firm Trent Ltd is planning to raise up to Rs.300 crore through issuance of non-convertible debentures on a private placement basis and has also approved stock-split to improve liquidity of the company's share. “The board approved an...

Massimo Dutti to open first store in Select Citywalk

Delhi's Select Citywalk mall is gearing up to introduce Spanish premium clothing brand Massimo Dutti. Massimo Dutti is owned by Inditex's SA, better known for its brand Zara. The Spanish brand is making an entry into the Indian market by...

Zara Makes Strong Impact in India

Zara continues to replicate the same fast fashion model that has worked for it globally, that is: Creating affordable, copied versions of the latest in trend or designer-wear and making them available to shoppers at a faster pace. Inditex...

Zara Opens a New Store in Mumbai

The Inditex Group’s flagship brand, Zara has launched a new retail outlet at Viviana Mall, Thane. Spanning over 20,774 sq.ft, the store features all three Zara product ranges- men, women and kids spring/ summer 2014 collections. The store image...

Zara debuts in Bangalore

Fashion retailer, Zara has opened its first store in South India at Bangalore. Spread across 17,779 sq.ft., the store offers a range of collection for men, women, children, teenagers, and kids.With the launch of this store in Bangalore, Zara...

Trent Hypermarket to invest Rs 500 cr in 4 years

Trent Hypermarket, a Tata enterprise, plans to invest about Rs 500 crore in the next three to four years and increase the number of its Star Bazaars across western and southern regions to more than 50."Currently, we have 12...

Founder of Zara owner Inditex bows out as chairman

Spain's richest man, founder of clothing label Zara, stepped down as chairman of his retail empire on Tuesday, ushering in Inditex's 47-year-old chief executive as his successor. The board backed 75-year-old Chairman Amancio Ortega's decision to hand over to CEO...

H&M same-store sales sag amid weak European sentiment

Swedish budget fashion giant Hennes & Mauritz posted a 4 per cent drop in sales in local currencies at established stores in June, in line with market expectations amid weak European consumer sentiment. Analysts had expected a 4.3 per...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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