Zara aims to increase footprint

Company is planning to open 18 outlets

Spanish fast-fashion brand Zara is all set to increase its footprint in India with 18 new stores on a pan India level. As of now, the company has 9 stores, whose annual turnover was recorded Rs 45 crores averagely in the last fiscal year. As per a recent survey, its average sales per store are much above than any other top notch apparel brand. In fact, Zara’s turnover was six times higher than country's premium apparel brand Louis Philippe. With this astonishing figure, this should not come as surprise that company is planning to open more new outlets in next few years.