Around 50 former Inditex stores to reopen under new name in May
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In the Mega retail chain, 49 stores of the Inditex group that left Russia will open in May this year, informed TASS with reference to the head of the rental department of Ingka Centers in Russia Svetlana Burzyantseva.
Opening planned under new names and possibly as early as May of this year. According to Burzyantseva, work to fill the stores is already underway. She also said that the entire retail space rented by Inditex in Megas occupies 50,000 square meters. m in 13 out of 14 complexes.
Inditex is one of the world’s largest clothing and footwear retailers. In Russia, the group was represented by Zara, Zara Home, Pull & Bear, Bershka, Massimo Dutti, Stradivarius, Oysho, Uterque stores, all of which closed in March 2022 due to the military operation in Ukraine.
April 5 government agreed sale of Fashion And More Management DMCC, which is registered in the free zone of the UAE – Dubai Multi Commodities Centre.
Earlier sources of Vedomosti reportedthat the first stores of the former brands of the Spanish group could open on 14 April. One of the interlocutors then said that the first point of Maag (the new name of Zara in the Russian Federation) would appear in the Aviapark shopping center on Khodynka field in Moscow, while the second assured that it would appear on the Kuznetsky bridge.
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