The Spanish group Inditex (Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho) has announced its willingness to return to the Russian market. As long as the situation in Russia changes. This was announced to the Financial Times by the company’s executive president, Oscar García Maceiras.

Zara owner Pull&Bear Bershka is ready to return to Russia

The group could resume its activities with stores that the company cedes to the Iranian group Daher. According to the top manager, there are no reasons to count on the imminent return of the brands.

  • In 2022, after the start of the Russian special operation in Ukraine, Inditex closed more than 500 stores in Russia and also stopped online sales. Subsequently, the group sold its assets to the Daher Group. The latter decided to sell things of the brands of the Spanish company under other names.
  • The Daher Group hopes to produce part of the collection in Russian facilities, which were previously also used by the brands of the Spanish holding company.

Author:

karina pardaeva

Source: RB

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