Zara to increase presence in Bulgaria
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Angus [2011-05-20]
Zara, one of the world’s largest fashion clothing brands, has announced plans to set up three more new outlets in the East European country of Bulgaria in the current year.
One of the three shops will be located in the capital; Sofia and other two may be set up in the Black Sea town of Burgas and Stara Zagora.
Zara brand is owned by a Spanish firm, Inditex which also planned to start an online retail store for selective markets in the European Union.
Inditex has eight store formats; Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe, with a total count of 4,705 stores in 76 countries.
The Inditex Group is made up of more than 100 companies operating in textile design, manufacturing and distribution.