Bershka, Pull & Bear and Stradivarius are retreating from China. The Spanish parent group Inditex has decided to close all the physical shops of the brands by the end of this month, reports the British fashion magazine WWD based on insiders.
The websites of the shops are still active in the Asian country. Inditex is also known for Zara, Massimo, Oysho and Dutti. The chains will still be with branches in China.
The three chains that disappear from China each had about a dozen branches in the country. They focus on the fast fashion market, cheap clothes to the very last fashion trends. The fierce competition from Chinese chains on that market would be the reason for the departure. Last year Inditex closed 120 stores of Bershka, Pull & Bear and Stradivarius. Inditex did not want to respond to WWD’s questions about the news.