Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • Grief has entered the workplace. Here’s what leaders can do
    • Workers long for peace and quiet in noisy offices amid RTO push
    • The Drone Has Replaced The Tank
    • Scientists want you to read their research papers—so they’re using gen AI to turn them into TikTok videos
    • Open Borders Contributed To Real Estate Inflation
    • How to maximize your IRA according to life stage and tax bracket
    • European Taxpayers Spend 3.9B Euros On Drones For Ukraine
    • 7-Eleven is celebrating 60 years of Slurpees with its strangest flavor yet
    Populist Bulletin
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Populist Bulletin
    Home»Business»Hundreds of Zara stores have closed over the last few years, but this budget Inditex fashion brand is rising fast
    Business 4 Mins Read

    Hundreds of Zara stores have closed over the last few years, but this budget Inditex fashion brand is rising fast

    Business 4 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Few brands have been more associated with the fast-fashion boom of the last two decades than Zara, the flagship apparel chain owned by Spanish clothing giant Inditex SA.

    It may surprise some consumers to learn, then, that Zara has in fact reduced its global footprint over the last few years since the pandemic. 

    The brand’s decline in physical storefronts has been moderate but meaningful, from a third-quarter peak of around 2,139 stores in 2019 to just under 1,800 stores five years later, according to earnings statements from Inditex. That’s a reduction of 16%.

    Now, thanks to new accounting metrics from the company, we’ve learned that Zara’s physical footprint is even smaller than we thought.

    Earlier this year, Inditex began breaking out store count numbers for Lefties, its discount chain. Lefties is small but growing. According to earnings data posted earlier this month, the chain had 213 global locations as of the third quarter of 2025, up from 203 locations from the same period last year.

    What’s more, Lefties stores had previously been counted as Zara stores in Inditex earnings reports, a spokesperson confirmed with Fast Company. That means Zara’s reported store count is now lower than it had been in earlier filings: Under the new metrics, it had just 1,528 stores as of October 31.

    Amaya Guillermo, who heads corporate communications for Zara USA, says the decline reflects a shift toward Inditex’s “optimization plan,” which which began several years ago.

    “Under this strategy, smaller stores have been absorbed into larger, upgraded locations,” Guillermo said. “Creating distinctive retail spaces allows us to enhance the customer experience by incorporating the latest in-store technologies, including assisted checkouts, among many other features.”   

    Guillermo further points out that while Inditex has fewer stores, its commercial space grew by 2% as of 2024, with sales up almost 5.9% that same year.

    Inditex’s stock price reflects the appeal of its more-with-less strategy among investors. Madrid-listed shares of the group have more than doubled over the last five years.


    window.addEventListener(“message”,function(a){if(void 0!==a.data[“datawrapper-height”]){var e=document.querySelectorAll(“iframe”);for(var t in a.data[“datawrapper-height”])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[“datawrapper-height”][t]+”px”;r.style.height=d}}});


    Where have Zara locations closed?

    Inditex breaks down Zara location counts by country in its annual reports each year. Comparing 2024 figures to 2017 reveals some interesting trends.

    The brand’s store count has declined in many of its core European markets, including its home country of Spain, where it reported 256 stores in 2024 compared to 306 in 2017. It has also seen declines in France, Germany, Italy, and elsewhere in Europe.

    Perhaps the most dramatic decline has been China, where Inditex reported just 73 Zara stores in 2024, compared to 183 in 2017.

    Zara’s store count has also grown in some markets over that same period, including the United States, where it reported 98 stores as of last year versus 87 in 2017.

    According to Guillermo, the United States remains a key market for Zara, with recent openings at the Las Vegas Forum Shops at Caesars Palace and in Charlotte, North Carolina.

    Could Lefties be the new Zara?

    Lefties is not new, but Inditex clearly sees the fast-growing chain as vital to a future.

    The brand began in the 1990s as an outlet for Zara “leftovers”—hence the name—but it has become more popular and more important to Inditex’s portfolio as consumers have grown increasingly price conscious.

    With Gen Z shoppers flocking to ultra-cheap online platforms like Shein, Lefties has been called Inditex’s “secret weapon.”

    While store counts for Lefties are now broken out separately, sales are still reported as part of Zara’s overall sales.

    As of now, the Lefties chain operates in 18 countries, mostly in Europe, North Africa, and the Middle-East. Expect that number to grow in the years ahead.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Grief has entered the workplace. Here’s what leaders can do

    July 1, 2026

    Workers long for peace and quiet in noisy offices amid RTO push

    July 1, 2026

    Scientists want you to read their research papers—so they’re using gen AI to turn them into TikTok videos

    July 1, 2026
    Top News
    World Politics 6 Mins Read

    Matt Walsh Demands AG Pam Bondi’s FIRING Immediately for Pushing “Hate Speech” Route in Charlie Kirk Assassination: “We Need the AG Focused on Taking Down Left-Wing Terror Cells, Not Prosecuting Office Depot for God’s Sake!” | The Gateway Pundit

    World Politics 6 Mins Read

    The fallout from Charlie Kirk’s tragic assassination continues to reverberate across America, and conservatives are…

    To My Fellow Journalists: We Need to Do Better

    April 16, 2026

    Here’s What It Takes for a Democrat to Win in Texas

    December 11, 2025

    What Is an Employee Background Check Form and Why Is It Necessary?

    March 24, 2026
    Top Trending
    Business 5 Mins Read

    Grief has entered the workplace. Here’s what leaders can do

    Business 5 Mins Read

    Up until recently, most leaders believed grief belonged outside the workplace. If…

    Business 6 Mins Read

    Workers long for peace and quiet in noisy offices amid RTO push

    Business 6 Mins Read

    Since her employer mandated a return to the office, Alex quickly found…

    Economy 4 Mins Read

    The Drone Has Replaced The Tank

    Economy 4 Mins Read

    Military strategists are still fighting the last war while the battlefield has…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, government accountability, globalization, and the preservation of American cultural heritage.

    We are devoted to delivering straightforward, unfiltered, compelling, relatable stories that resonate with the majority of the American public, while boldly challenging false mainstream narratives that seem to only serve entrenched elitists, and foreign interests.

    Top Picks

    Grief has entered the workplace. Here’s what leaders can do

    July 1, 2026

    Workers long for peace and quiet in noisy offices amid RTO push

    July 1, 2026

    The Drone Has Replaced The Tank

    July 1, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.