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Zara has been a runaway success since its arrival in the country more than a decade ago but after initially doubling sales every two years, the brand s rate of expansion had come down in the past few years. "The market is very competitive, and the challenges are real. Nevertheless, the opportunity pool and the size of the market means that there is space for multiple successful players. Trent remains well placed to navigate this next phase of growth by leveraging our platform and growth engines," P Venkatesalu, chief executive officer at Trent, said in the report. ....
'We Reaffirm Our Deep Respect…': Zara Pulls Out Controversial Ad After Massive Backlash; Issues Apology filmibeat.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from filmibeat.com Daily Mail and Mail on Sunday newspapers.
H&M, the largest fast fashion brand in India, reported a 40% increase in sales for the year ending March 2023. However, this growth was lower compared to the previous year, indicating increased competition from brands like Uniqlo and Zara. Online sales for H&M crossed the Rs1000 crore mark, accounting for 40% of its overall sales. Zara s performance in India has been tapering off due to slow outlet expansion, while H&M saw its slowest expansion ever last fiscal year. India s organized retail segment saw a 34% growth in sales. ....
ZARA to Big Basket: 7 lifestyle brands you probably didn't know are owned by TATA financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.