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Spanish fashion company Inditex, which owns retailers such as Zara, Bershka and Pull&Bear, reportedly plans to recommence operations in Venezuela after a three-year hiatus. 

Spanish fashion company Inditex plans to resume activities in Venezuela, reopening one Zara store in Caracas in the first half of 2024 after a three-year hiatus under a franchise agreement, three...

Zara owner Inditex to close all stores in Venezuela, local partner says Reuters 2 hrs ago © Reuters/Carlos Garcia Rawlins FILE PHOTO: A man walks past a Zara retail store, with its shutters drawn, at a mall in Caracas NEW YORK (Reuters) - Inditex, owner of brands including Zara, Bershka and Pull & Bear, will close all its stores in Venezuela in coming weeks as a deal between the retailer and its local partner Phoenix World Trade has come under review, a spokesperson for Phoenix World Tra...

Message : Required fields NEW YORK (Reuters) - Inditex, owner of brands including Zara, Bershka and Pull & Bear, will close all its stores in Venezuela in coming weeks as a deal between the retailer and its local partner Phoenix World Trade has come under review, a spokesperson for Phoenix World Trade said. Phoenix World Trade, a company based in Panama and controlled by Venezuelan businessman Camilo Ibrahim, took over operation of Inditex stores in the South American country in 2007. "Phoe...