Zara’s ₹3 crore a month rent in 119-year-old Mumbai building stuns internet as it shuts store: ‘Are you kidding me?’
The clothing company was paying ₹3 crore in monthly rent. Reportedly, Zara leased the property for 21 years in 2016 for a ...
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 ...
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Zara Closes Iconic South Mumbai Store, They Used To Pay ₹3 Crore Per Month As Rent
Reportedly, when Zara leased the space in 2016, the deal was set for 21 years at an initial monthly rent of Rs 2.25 crore.
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Zara shuts down iconic SoBo store in Mumbai; was paying Rs 3 crore as rent per month
Spanish fashion giant Zara has permanently closed its well-known SoBo store in Mumbai’s Fort area after eight years of ...
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 ...
Zara Flagship Store Shuts: From Curse To Narendra Modi To Bangladesh Manufactured Goods, Netizens Reason Why Fort Closed Down
Zara's operations in India are managed by Inditex Trent, a joint venture between Spain’s Inditex and the Tata Group's retail ...
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 ...
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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 ...
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Zara shuts down its iconic 5-storey flagship store in Mumbai
High-street luxury fashion brand Zara closed its flagship Mumbai store on Monday morning, located in the iconic, 110-year-old ...
Zara shuts ‘iconic’ 5-storey outlet in South Mumbai after 8 years
Fashion brand Zara has reprotedly shut its ‘iconic’ SoBo store, situated in south Mumbai's Fort area after eight years. Netizens spotted a notice posted on the doors of the 110-year-old, five -storey ...
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 ...