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Spain’s Inditex to bring Bershka amid ‘India shining’ for flagship Zara

Inditex is in talks with the upcoming Phoenix Mall of Asia in Bengaluru to lease 5,000 sq. ft. space to open Bershka thereNew Delhi: Spain’s Inditex SA is planning to bring its youth brand Bershka to India after the...

Uniqlo scouting for spaces in Mumbai malls; Expected to enter the city next year

The world’s third-largest fashion brand after Zara and H&M is looking to open 4-5 stores in Mumbai in 2023 and 2024New Delhi: Uniqlo has initiated talks with several malls in Mumbai as part of the Japanese fashion retailer’s plans to...

Inditex to introduce Zara Home in India

New Delhi: Zara is planning to introduce its home products in India, three people familiar with the plans said. The move comes close on the heels of rivals Stockholm-based Hennes & Mauritz (H&M) and London-based Marks & Spencer launching their...

Uniqlo overtakes Inditex’s Zara as the world’s most valuable fashion company

In Feruary 2021, for the first time ever, the stock value of the parent company of Japanese leisurewear chain Uniqlo, has surpassed the value of Spain's Inditex, the group that owns and operates Zara, among others.In terms of market...

Shopping Centre heads predict recovery time as footfalls, sales pick up

The COVID-19-led shutdown recovery period for malls in India has been slow but steady. While Tier II & III malls picked up first and started raking in sizeable footfalls and sales, Tier I malls soon followed, picking up the...

Zara reopens at Select CITYWALK

Zara reopens its bigger and extended store at Select CITYWALK in New Delhi, making it the newest concept store in India and offering a fully integrated experience with www.zara.com. This was Zara's first store in the country, which welcomed...

Shopping centres in Mumbai resume operations; witness 15-20 pc footfall

Even as torrential rains lashed the city, the malls in Mumbai witnessed 15-20 percent footfall on Wednesday, on opening after a gap of over four months. The malls were mostly visited by individuals who were middle age and young,...

Zara profit jumps 45.5 pc to Rs 104 cr in FY20, revenue up 9.2 pc to Rs 1,570.54 crore

Spain's luxury fashion brand Zara posted 45.54 percent growth in its profit after tax to Rs 104.05 crore from the Indian market in 2020 fiscal, according to its Indian partner Trent Ltd's annual report. It had posted a profit...

Zara to shut down 1,200 stores globally

Inditex, the owner of Zara will close as many as 1,200 stores - 16 percent of its global outlets- around the world as the clothing retailer tries to boost online sales during the chaos wrought by the COVID-19 pandemic. Inditex...

Retail and restaurants to benefit as lockdown eases

The removal of lockdown restrictions marks a step-by-step approach to restore normalcy and retail and restaurants are expected to benefit from it. According to a research by Motilal Oswal Securities, this is a good calibrated step towards resumption of the...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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