Source : FC: Manisha Yadava May 30 2010 , New Delhi
The Euro 11.1-billion Inditex group plans to open Zara stores in all the major Indian cities. The Spanish fashion retailer opened its first Zara store in Delhi’s Select City Walk on Friday.
It plans to open a store in Mumbai’s Palladium mall and in Delhi’s DLF Promenade this year.
“The brand’s expansion would depend on the feedback we get from customers, we also want to open stores in Bangalore, Hyderabad and Chennai very soon. The average size for a Zara store would remain 1,200-1,500 sqm,” chief communication officer, Inditex, Jesus Echevarria said.
Inditex has a 51:49 joint venture with Tata Group's retail arm Trent. Zara is the second Spanish fashion brand to enter India, after Mango. Of late, many international fashion retailers are making a beeline for the country besides the already existing ones — Diesel, Marks & Spencer and Tommy Hilfiger.
Echevarria said the company would ship new clothing designs to its Indian stores within two weeks of manufacturing. “For us, every fashion brand present in the vicinity is a competitor, specially the local brands,” he said.
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