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Zara to continue India expansion

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NEW DELHI : Inditex, the parent company that owns the world's top fashion retailer Zara may be shutting down between 1,000 to 1,200 stores mostly in Asia and Europe, but it is planning to increase its presence in India with at least four to five more properties for which it has already signed up with top mall developers.

Currently, the company has 22 stores in the country.The new stores could open over the next 12 months, said people familiar with the band’s trajectory in the market where it operates through a joint venture with Trent under Inditex Trent Retail India Private Limited.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
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India
India
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Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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