The incremental store openings for Zara continue to be calibrated with a focus on presence only in very high-quality retail spaces
On account of increased competition from rivals in the clothing market, Spain’s Inditex, the parent entity of Zara, posted weak sales growth in the financial year 2025. Inditex Trent (ITRIPL), its joint venture with Tata that operates 22 Zara stores in the country, reported revenue of Rs 2,782 crore last fiscal, as compared to 2,771 crore in FY24.
The incremental store openings for Zara continue to be calibrated with a focus on presence only in very high-quality retail spaces, as mentioned in the annual report of Trent. Total Income of ITRIPL was Rs 2,839.50 crore as against its previous financial year’s total income of Rs 2,776.67 crore, it added.
Highlighting that FY25 was once again a relatively challenging year for retail in the country, P Venkatesalu, Managing Director, Trent, stated, “Consumers faced multiple headwinds, including elevated inflation levels that impacted discretionary spends. Nevertheless, our brands continued to gain encouraging traction, including in several tier one and tier three geographies that we entered.”
As far as other businesses are concerned, the report noted that in FY25, Zudio had 765 stores across 235 cities, including stores co located with Star, as of March 2025. In FY25, Zudio entered 67 cities and added more presence in 56 cities, including many in tier two and tier three locations.
