Spanish fast fashion retailer Zara is all set to make it footprints in India by launching its first outlet at Select Citywalk mall in Delhi on May 28. The store will be spread over an area of 16,000 sq.ft.
Tata Group's retail arm Trent Ltd, which has a joint venture with Inditex Group, is bringing the brand to India. The retail rental of the store will be based on revenue sharing and minimum guarantee – whichever is higher, confirm sources.
Zara shop opened its first shop in 1975 in Spain. Now it has stores in prime locations in more than 400 cities in Europe, America, Asia and Africa.