Zara was paying ₹3 crore monthly rent for iconic Mumbai store
According to this calculation, Zara was paying nearly ₹36 crore a year, which translates to ₹9.86 lakh a day. This high ...
Zara closes South Mumbai store, Purple Style Labs leases 60,000 sq ft in Ismail Building for ₹206 cr over five years
Zara has closed its SOBO store after nine years, making way for luxury fashion brand Purple Style Labs, which has leased ...
8 years on, Zara shuts its only independent 5-storied store in Mumbai
Zara's only independent store in Mumbai has closed due to economic unfeasibility after its rent exceeded Rs 30 crore per year ...
Zara Shuts Iconic Mumbai Flagship Store At 110-Year-Old Ismail Building In Fort Area
High-street luxury fashion retail brand Zara shut its flagship Mumbai store at the iconic, heritage-listed 110-year-old ...
cnbctv181h
Zara shuts five-storey flagship Mumbai store at Hutatma Chowk after 8 years
Opened in 2017 at Hatuma Chowk Square (Fort area), it was the largest Zara outlet in the country and the only standalone ...
Clothing brand Zara can’t afford its store at Fort anymore
On Monday, a sign at the store’s doorstep stated, ‘Please be informed that this Zara store will cease operations after the ...
Spanish fashion brand Zara shuts flagship Mumbai store at Hutatma Chowk
Zara, which is part of the Inditex Group, entered the country in 2010 through a joint venture with the Tata Group ...
knocksense21h
Zara closes flagship store at South Mumbai’s 119-year-old heritage Ismail Building
Spanish luxury fashion brand Zara shut down its flagship store in Mumbai, marking the end of its presence in the iconic Ismail Building. This 11 ...