Inditex Group announced the opening of its flagship store on April 7 in the business district of Madrid on Paseo de la Castellana 79. The city authorities believe that the concentration of macro-stores will help attract tourists from the central districts of the city.

According to Pablo Isla, executive director of the Inditex group, the store on Paseo de la Castellana after the inauguration will be considered the largest in the world, so its total area will be about 6 thousand. square meters. Prior to that, the flagship of Zara was a store located on calle Serrano, 23 with an area of ??more than 2 thousand. square meters.

The building of the new store belongs to real estate agency Pontegadea, owned by Amancio Ortega, the founder of Inditex. Prior to that, he rented premises for Castellana to Habitat y Fnac stores, notes Spain in Russian.

According to the recently published financial results of Inditex, from February 1, 2016 to January 31, 2017 net profit of the group was 3.15 billion. Euro, turnover - 23.31 billion. Euro. In 2017 the group plans to open about 450 major stores around the world and cut about 150 small.