Home / Knowledge / News / Apparel/Garments / Zara converts Finnish franchisees in to self-owned stores
Zara converts Finnish franchisees in to self-owned stores
31
Jan '13
Inditex has reached an agreement to purchase the Zara franchise operated by the Stockmann Group in Finland. With this acquisition Inditex will begin to directly manage the operations of the four stores in the Zara Finland chain.

The process is in line with Inditex’s standard management formula in the immense majority of countries where the company has a sales presence.

The franchise’s staff will also be incorporated into the Inditex Group with the acquisition of Zara Finland, with the same rights and conditions they have enjoyed to date. 

Inditex has been operating in Finland since 2002, when it opened the Country’s first Zara store. The chain currently has four locations: two in Helsinki, another in Turku and the fourth in Vantaa.

Inditex

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search