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Zara shuts its store at iconic Fort building
Hindustan Times Mumbai
|February 25, 2025
Curtains down
MUMBAI: Spanish retail brand Zara has shut its store at the Edwardian neoclassical Ismail Building at Flora Fountain in South Mumbai. The space in the 119-year-old building will soon house Pernia's Pop-Up Shop instead.
The Zara store, when it opened on May 4, 2017, was the sixth in Mumbai and the 20th in India. Within eight years, it was curtains due to mismatched standalone revenue vis-a-vis expenses. On Monday, a sign at the store's doorstep stated, 'Please be informed that this Zara store will cease operations after the end of business on 23rd February...'
The Spanish multinational clothing company Inditex has a joint venture with the Tata Group's Tata Trent called Inditex Trent under which the Zara stores in India operate.
Bu hikaye Hindustan Times Mumbai dergisinin February 25, 2025 baskısından alınmıştır.
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