Inditex buys flagship London site for 155 million pounds

Inditex, the world's largest fashion retailer, has bought its flagship Zara store in London for 155 million pounds, taking advantage of a "rare opportunity" to own one of the city's best retail locations. Zara on Oxford Street / Photo: ZaraThe Spanish group said on Monday it had bought the 7,000 square-metre property at the intersection of Oxford Street and New Bond Street from German fund manager Deka. While Inditex leases most of its stores, it has a penchant for buying the best - last year

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