The clothing company was paying ₹3 crore in monthly rent. 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.

Zara has closed its SOBO store after nine years, making way for luxury fashion brand Purple Style Labs, which has leased 60,000 sq ft in the historic building ...

Mumbai’s retail landscape has witnessed a major shift as Spanish fashion giant Zara has officially closed its iconic five-storey flagship store in the city’s Fort area. As first reported by ...

Spanish fashion brand Zara has closed its iconic SoBo store in South Mumbai's Fort area after eight years. A notice posted in front of the store went viral on social media. The clothing company ...

"High-quality retail spaces in India are limited, driving rentals for prime locations sky-high. Ultimately, it all comes down ...

File photo of Zara’s flagship store located at Flora Fountain, Fort area in South Mumbai.(Photograph: Abhijit Bhatlekar / Mint) Fashion brand Zara has reportedly shut its ‘iconic’ SoBo store ...

Mumbai has witnessed the end of an era with the closure of Spanish fashion giant Zara's flagship store ... an architectural gem in South Mumbai’s Fort area, has stood tall for over a century.

Spanish retail brand Zara closed its 51,300-square-foot flagship store in Mumbai. The store was located in the historic Ismail Building in the Fort area. While Zara gave no specific reason for the ...

At the time of opening, this was touted as the biggest Zara store in India. There are total 7 outlets in Maharashtra -- 5 in Mumbai and 2 in Pune, and India houses total 22 outlets, according to ...

In Mumbai (including Thane), the company is ... confirmed Zara’s exit from the Fort area. “Zara will hand over the premises by the end of this month, and starting March 1, there will be ...

After 8 years in a pre-colonial building in South Bombay, the ‘iconic’ 5-storey flagship Zara store has closed ... at Flora Fountain in the Fort district in Mumbai, the Spanish luxury fashion ...

When the brand's flagship store at Hatuma Chowk Square (Fort area) opened in 2017, it was the largest Zara outlet in India and the company's only standalone store in Mumbai. Several local ...