Inditex and H&M compete for India’s fashion share

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3 August 2018 à 15h29

Updated on 10 May 2019 à 16h58

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1 minute

Publication: 3 August 2018 à 15h29, Updated on 10 May 2019 à 16h58

Reading time: 1 minute

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Publication

3 August 2018 à 15h29

Updated on 10 May 2019 à 16h58

Reading time

1 minute

Publication: 3 August 2018 à 15h29, Updated on 10 May 2019 à 16h58

Reading time: 1 minute

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During the last fiscal year, Inditex’s sales jumped by 20% year-on-year to €151 million via the Zara and Massimo Dutti brands. However this is one of the slowest rates in the country amid increasing competition from global rivals. The Spanish retailer has been selling in India since 2010. Joint ventures with Trent (part of Tata Group) cover the Massimo Dutti brand and a second agreement covers Zara, with Inditex holding a 51%-stake and Trent holding 49%. As a competitor, H&M entered

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