Society16.03.2023 - 13:47

Zara brand owner stated his readiness to return to Russia if the situation changes

He noted that the resumption of activities in Russia is possible, but not in the short term.

Фото: from open sources

The general director of the Spanish clothing chain Inditex, which owns the brands Zara, Pull & Bear, Bershka, Oysho, Massimo, Stradivarius and Dutti, Oscar Garcia said that he would like to return to Russia if the situation changes. He told this in an interview with the Financial Times.

According to him, in case of changes in the situation, the Spanish retailer may resume cooperation with the stores that were transferred to Daher Group. At the same time Oscar Garcia stressed that this option is possible, but not in the short term.

He stressed that in case of resumption of cooperation the company would work together with the Lebanese Daher Group, to which it had previously sold part of its business in Russia, as a franchisee.

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