Fashion brand Zara quietly closes dozens of stores [Yahoo! Finance]
INDUSTRIA DSNO UNSP/ADR (IDEXY)
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Source: Yahoo! Finance
to parent company Inditex's latest 2025 results report . In an earnings call about Inditex's third-quarter results, CEO Óscar García Maceiras didn't address the Zara closures, but noted that the brand is actually doing well. “We are happy with the positive performance of Zara and the rest of our concept,” Maceiras said. Inditex did not specify the locations of the 60 stores or explain why it closed them. However, it did note that certain Zara locations closed to make way for Zara Man stores, the brand's men's store that sells clothes, shoes, and accessories. In particular, Macerias called out one such transformation in Osaka, Japan. “Similar to other projects in different countries, the existing Zara store nearby [in Osaka] will become a standalone Zara Man store,” he said. “We continue to see many opportunities to improve our presence in the world's prime locations, as well as expanding to new cities and new territories.” While Inditex didn't provide a reason for the closures
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