Industria de Diseño Textil S A : Zara owner Inditex to close all stores in Venezuela, local partner says
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...
Source: marketscreener.com