Can Indian fashion firms shape up to Zara?

Spanish retail giant Inditex recently crossed a new milestone with the opening of its first Zara store in India. But what does this mean for the Indian fashion and retail sector? Is it the beginning of a new era? Should we expect Zarafication of the market? And should other international brands and Indian fashion brands be worried?

COMMENT: Can Indian fashion firms shape up to Zara?

18 June 2010

Spanish retail giant Inditex recently crossed a new milestone with the opening of its first Zara store in India. But what does this mean for the Indian fashion and retail sector? asks Devangshu Dutta. Is it the beginning of a new era? Should we expect Zarafication of the market? And should other international brands and Indian fashion brands be worried?

SPAIN: Strong sales help Inditex to 63% Q1 profit hike

9 June 2010

Spanish retailer Inditex, operator of the successful Zara fashion chain, today (9 June) booked a 63% hike in first quarter profit helped by strong sales of its spring and summer garments.

Inditex eyes India

3 June 2010

Clothing retailer Inditex already has a vast global footprint - 4,607 stores around the world at the last count, 1,395 of which carry the Zara name. And it shows no signs of slowing down, with up to 425 new stores planned during 2010 - 95% of them outside its home market of Spain.

INDIA: Inditex teams with Tata for first Zara stores

1 June 2010

Inditex and Indian industrial giant Tata have set up a joint venture to take the Spanish fashion retailers' flagship banner Zara to India's booming market.