Inditex has confirmed to just-style that it will open a new Zara store in Kiev, Ukraine.

Although an exact date has not yet been set, the store should be open during the first quarter of next year.

Its latest international expansion enables the company to operate in a country not currently penetrated by European rival retail group H&M.

"We never comment on our competitors," a spokesperson for the Spanish group said when asked about H&M. "This is a new country for our company and we believe there is a great interest in fashion in the Ukraine."

Zara currently operates in 68 countries through a network of 1,082 stores, while its Swedish rival H&M has 1,400 stores spread across 28 countries.

H&M told just-style that although it is looking for markets with a large population, the chain has no concrete plans for the Ukraine.

A spokesperson for H&M said: "This spring we have opened our first stores in China, Greece, Qatar and Slovakia.

"There is no goal in itself to open new stores in as many new markets as possible, since we want to grow in a controlled way. But of course Ukraine is a very interesting market. Time will show if, and if so, when, we will establish on the market in Ukraine."