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Zara India Sales Flat as Trent Trims JV Stakes and Inditex Expands Labels

Inditex is deepening its direct presence in India by rolling out two new labels through wholly owned subsidiaries

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Overview

  • Zara’s FY25 India sales rose 0.5% to Rs 2,782.06 crore and profit increased 23% to Rs 299.47 crore.
  • Trent reduced its stake in Inditex Trent Retail India from 49% to 34.94% and cut its holding in Massimo Dutti India to 20% during FY25.
  • Inditex has launched Bershka and Zara Home in India through two wholly owned subsidiaries.
  • Retailers grappled with elevated inflation and economic uncertainty that constrained discretionary spending in FY25.
  • Trent is expanding its own retail chains, operating over 1,000 stores across Westside and Zudio, including 765 Zudio outlets.