Other news
Zara makes its Peruvian debut with a store in Lima
27.01.2012
Zara debutes in Peru with the lauunch of a store in Lima’s upscale Jockey Plaza shopping centre, where it will offer shoppers its Woman, Man and Kid collections displayed across more than 1,800 metres of retail floor space.
Inditex takes over Massimo Dutti franchises in Belgium and Portugal
26.01.2012
The Inditex Group has decided to buy fashion retailer Massimo Dutti’s store networks, which operated until now under franchise agreements, in Belgium (22 stores) and Portugal (45 locations). Both deals are valued at a combined 103 million euros. This acquisition means that Inditex has taken direct management control of 100% of the shops of all Inditex retailers in Portugal and Belgium. Massimo Dutti’s international presence spans more than 560 stores in 51 countries.