It came with a splash and swayed every fashion lover off its feet. Yes, we are talking about Zara, the Spanish fast fashion brand. We all love Zara and why not, they are the trend setters.
This common thought has been well reciprocated in the retailers annual sales which have reached Rs 405 crore for FY 2012-13, 56 per cent higher than the previous year. The retailer currently has nine stores across India and if our mathematics is right, each store has made nearly Rs 45 crore on an average.
These numbers are impressive and brings the retailer at par with some of India’s leading brands including Tanishq and leaving behind one the largest retail chain Shoppers Stop.
Continue reading Zara cracks India code; posts annual sales of Rs 405 crore