
Inditex Trent, its joint venture with Tata that runs 21 of Zara stores in India, saw revenue expand to Rs1815 crore last fiscal, according to Trent’s annual report. A year ago, it had a net loss of Rs 41 crore on net sales of Rs 1,126 crore. "The incremental store openings for Zara continue to be calibrated with focus on presence only in very high-quality retail spaces," said the annual report.
from Industry-Economic Times
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