Zara closes flagship Mumbai store 8 years after its inception despite spending Rs 35 crores in renovation; here's why
Mumbai's fashion scene has lost a key landmark as the Zara store at Flora Fountain closed on February 23 due to economic ...
Zara shuts Mumbai flagship store, Purple Style Labs leases space for ₹3 crore monthly rent
Luxury fashion brand Purple Style Labs has reportedly leased 60,000 sq ft of retail space in the iconic Ismail building for ...
Zara shuts flagship South Mumbai store, new tenant Purple Style Labs to pay rent of ₹10 lakh a day
Zara shuts store in SOBO after nine years, making way for luxury fashion brand which leased 60,000 sq ft in the heritage ...
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 ...
Purple Style Labs leases Mumbai's Ismail Building space after Zara exit
After Spanish fashion brand Zara shut its flagship store in Mumbai’s Fort, Purple Style Labs (PSL Retail) has leased the ...
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 ...
Zara Shuts Iconic 5-Storey Flagship Store In Mumbai
A closure notice, spotted and shared by netizens on social media, confirmed the shutdown of the 'iconic' five-story location.
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 ...
The iconic store in Mumbai, which opened in 2017, was Zara's sixth in Mumbai and 20th in India.
Reportedly, Zara leased the property for 21 years in 2016 for a monthly payment of ₹ 2.25 crore. The rent for the initial five months was free. Upon completing the first three years of the 21-year ...
ptcnews3h
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 ...
'Factory, office, shop — everything overpriced': Top investor as Zara shuts Mumbai store
Zara had signed a 21-year lease for the property in April 2016, agreeing to a monthly rent of ₹2.25 crore with a ₹13.5 crore ...
Zara Shuts Flagship Mumbai Store; Purple Style Labs Leases Space At ₹3 Crore Monthly Rent
Purple Style Labs will pay a monthly rent of ₹3 crore in the first year, with annual escalations: ₹39 crore in the second ...