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 ...
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 ...
Storypick1h
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.
ptcnews1h
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 ...
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 ...
Zara shuts down flagship store in South Mumbai; here’s why it was iconic
Zara’s flagship store in South Mumbai has shut down due to prohibitive rental costs. This five-story architectural marvel, ...
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 ...
AFAQS4h
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 ...