Zara has closed its SOBO store after nine years, making way for luxury fashion brand Purple Style Labs, which has leased ...
5hon MSN
Luxury fashion brand Purple Style Labs has reportedly leased 60,000 sq ft of retail space in the iconic Ismail building for ...
Zara’s flagship store in South Mumbai has shut down due to prohibitive rental costs. This five-story architectural marvel, ...
A closure notice, spotted and shared by netizens on social media, confirmed the shutdown of the 'iconic' five-story location.
Reportedly, when Zara leased the space in 2016, the deal was set for 21 years at an initial monthly rent of Rs 2.25 crore.
9hon MSN
Reportedly, Zara leased the property for 21 years in 2016 for a monthly payment of ₹ 2.25 crore. The rent for the initial five months was free. Upon completing the first three years of the 21-year ...
Spanish fashion giant Zara has permanently closed its well-known SoBo store in Mumbai’s Fort area after eight years of ...
High-street luxury fashion retail brand Zara shut its flagship Mumbai store at the iconic, heritage-listed 110-year-old ...
After Spanish fashion brand Zara shut its flagship store in Mumbai’s Fort, Purple Style Labs (PSL Retail) has leased the ...
Zara had signed a 21-year lease for the property in April 2016, agreeing to a monthly rent of ₹2.25 crore with a ₹13.5 crore ...
Purple Style Labs will pay a monthly rent of ₹3 crore in the first year, with annual escalations: ₹39 crore in the second ...
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