Zara’s India Business Stalls as Competition Intensifies; Profit Drops 32% in FY '26

Zara India FY26 Profit Down As Trent Focuses On Broader Fashion Portfolio

While Zara reported lower revenue and profit in FY26, Trent's value-fashion chain Zudio continued to drive store expansion and overall retail growth.

Zara’s India Business Stalls as Competition Intensifies; Profit Drops 32% in FY '26

Inditex, owner of the Zara fashion brand, reported its weakest performance in India since the pandemic, as intensifying competition in the country’s rapidly expanding apparel market weighed on growth. Inditex Trent Retail India, the joint venture between Inditex and Trent Limited that operates Zara stores in India, recorded revenue of Rs. 2,749 crore (US $289 […] The post Zara’s India Business Stalls as Competition Intensifies; Profit Drops 32% …