Zara in India is owned through a joint venture, Inditex Trent Retail India Private Ltd (ITRIPL), primarily by Spanish parent company Inditex (51%) and Tata Group's retail arm, Trent Ltd (49%), though Trent has been reducing its stake in recent years to focus on its own brands like Westside and Zudio. While Trent facilitates local operations, Inditex holds majority control and owns the brand globally.
Zara entered India through a JV (joint venture) entity—Inditex Trent Retail India Pvt Ltd (ITRIPL). The JV, formed in accordance with FDI norms, is 51–49 per cent arrangement between the Inditex Group and Tata Group's retail arm Trent Ltd.
The clothing giant Zara, known for its trendy yet affordable fashion, operates 21 stores across India through a joint venture between Tata's Trent Limited and Spanish fashion retailer Inditex.
The Company has two separate associations with the Inditex group of Spain with a shareholding of 51 percent (Inditex): 49 percent (Trent) – one entity to operate Zara stores and the other for Massimo Dutti stores in India.
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Who is Zara owned by?
Zara is owned by Inditex, the world's biggest fashion retailer, which runs a string of store chains including Massimo Dutti and Pull & Bear. It relies on 1,800 suppliers across the world, but nearly all the clothes are brought to Spain where the company is based, to be despatched to stores in 97 countries.
Trent Opaloch is a Canadian cinematographer, best known for his work with directors Neill Blomkamp and the Russo brothers. In 2010, Opaloch was nominated for the BAFTA Award for Best Cinematography for his work on District 9. In 2020, Opaloch starred in the music video for Pearl Jam's single "Retrograde".
Inditex Trent, a 65:35 partnership between Spain's Inditex and Tata Group's Trent, which operates Zara stores in India, made the decision due to the outlet becoming economically unfeasible.
Amancio Ortega founded Inditex, the parent company of Zara, pioneering the fast fashion model. Inditex, launched publicly in 2001, made Ortega the wealthiest person in Spain. Zara's fast fashion model uses a short supply chain and minimal advertising to maintain profitability.
The second-largest Zara store in the world is located in Lisbon, Portugal, at Rossio Square, a massive flagship store that opened in late 2024, featuring four floors, expanded collections (including Home, Beauty, Athleticz), a kids' play area, and its own café (Zara by Castro) serving pastéis de nata.
Trent Limited (portmanteau of Tata Retail Enterprise) is an Indian retail company, which is part of the Tata Group and based in Mumbai. Started in 1998, Trent owns and operates fashion and lifestyle retail formats such as Westside, Zudio and Utsa.
Net worth. Amancio Ortega's fortune in 2021 was estimated to be around 73.1 billion euros. In 2012 he was the largest shareholder of Inditex, with almost 60-65%. Through the Pontegadea company, he brings together all his assets based on real estate investment and financial investments.
The Zara brand story. Zara was founded by Amancio Ortega and Rosalía Mera in 1975 as a family business in downtown Galicia in the northern part of Spain. Its first store featured low-priced lookalike products of popular, higher-end clothing and fashion.
Zara is generally cheaper in the UK than in the US 1 due to tax differences, market positioning, and logistics costs. While US shoppers cannot order directly from Zara UK, Black Friday sales and resale platforms provide alternatives for saving money.
Interestingly enough, the country where shopping at Zara is more expensive than elsewhere is South Korea (96 percent more expensive than in Spain) followed by the USA (92 percent) and China (78 percent).
Vivek Bhatia has been Head of Strategy, Markets and Development at the Regional Headquarters in Singapore since May 2014, prior to which, as part of the Boston Consulting Group for several years, he advised industrial businesses on their strategy and operations, in markets across the world and as part of Engineers ...
Trent Limited , owned by Tata Group , owns Zara in India along with Zudio , Westside and several other brands. Zara lodged 2500crs in revenue last year and an increase of 77% profit. No wonder Trent Limited's share is rising rapidly.
P Venkatesalu, Chief Executive Officer and Executive Director at Trent Ltd. speaks to IndiaRetailing about keeping Zudio nimble in terms of backend and its expenses; Zudio's constant need to change and innovate to stay relevant and thrive among other things.
According to Kroll's Celebrity Report 2024, Virat Kohli tops the list with $231 million (approximately Rs 2,050 crores). A cricketer who rules millions of Indian hearts was notably able to retain his crown off the field as well. Apart from 2024, Virat Kohli topped the list in 2020, 2021, and 2023.
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