In the largest ever space transaction by any international retailer on high streets across the country, Spanish fashion chain Zara has picked up 50,000 sqft carpet space in South Mumbai.
The world’s biggest fashion retailer has leased the space on the ground floor of Ismail Building diagonally opposite HSBC’s India head office located in Fort.
Zara outlets in India are operated by Inditex Trent, the joint venture between Spain’s Inditex and the Tata Group. In August, Zara opened its outlet in Hyderabad in a mall taking its store count in India to 17.
Currently, Zara has three stores in Mumbai including Palladium Mall in Lower Parel, Phoenix Market City in Kurla and Infinity 2 in Malad suburb. However, South Mumbai out let will be Zara’s first store on a high street in India.
