Is Zara Home Finally Hitting NYC?
By: Jennifer Diamond Jan. 09, 2015
Zara's parent company, Inditex, has been negogiating the space at 503 Broadway in Soho, previously held by Old Navy, for about two years. The New York Post now reported that they are "this close" to closing a deal, meaning that the Zara store just up the block would move into the massive 42,000 square foot space.
The New York Post also speculates that Inditex could fill the store with some of its other brands like Massimo Dutti or, wait for it, Zara Home! Be still my beating heart.
The potential new deal comes in the middle of Zara's Bryant Park location remodel and their new Financial District store getting ready to open. Stay tuned for more information!
About Inditex:
Inditex is a fashion retailer which dates back to 1963 when it started life in a small workshop making women's clothing. Today it has over 6,460 stores throughout the world. Through its history the Group has evolved to become the business it is today reaching many notable milestones along its journey. But it has always remained focused on listening closely to its customers to offer them the fashions they desire. This strong customer orientation would give rise, years later, to the launch of the first Zara store in 1975. This was followed by the brand's international expansion at the end of the 1980s and the successive launch of new retail concepts: Pull&Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home and Uterqüe. This customer focus underpins an organisational structure that encompasses all stages of the fashion value chain (design, manufacturing, distribution and sale in proprietary stores). The customer promise is also the driving force behind the integration of our sustainable and environmental policies used throughout the Group's supply chain.
The Group's brands strive to sell fashionable products of the highest quality. Inditex is committed to its customers; which means that its 128,000-strong workforce is focused on staying true to its word. A state of the art logistics system centred in Spain helps deliver new products to all of the Group's stores twice weekly to meet our customers' needs.
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