Latest Breaking News On - ப்ரெஸிடெஂட் ஹ்யூகோ சாவேஸ் - Page 12 : comparemela.com

Message : Required fields NEW YORK (Reuters) - Inditex, owner of brands including Zara, Bershka and Pull & Bear, will close all its stores in Venezuela in coming weeks as a deal between the retailer and its local partner Phoenix World Trade has come under review, a spokesperson for Phoenix World Trade said. Phoenix World Trade, a company based in Panama and controlled by Venezuelan businessman Camilo Ibrahim, took over operation of Inditex stores in the South American country in 2007. Phoenix World Trade is re-evaluating the commercial presence of its franchised brands Zara, Bershka and Pull&Bear in Venezuela, to make it consistent with the new model of integration and digital transformation announced by Inditex, the company said in response to a Reuters request. The five stores which remain open. will cease to operate in coming weeks .

United statesDistrito federalCamilo ibrahimSarah kinosianHugo chavezMayela armasNick zieminskiCorina ponsPhoenix world tradeSouth americanWorld tradePull bearPresident hugo chavezA stock exchangePress releaseHoenix itx es0148396007