Inditex Returns to Venezuela With Bershka and Pull&Bear

Inditex returns to Venezuela. After closing all its stores in the market in 2021, the Galician fashion giant is opening the doors of two stores of its young chains, Bershka and Pull&Bear, in the country's capital.

A year after the Inditex group launched in Caracas the group's largest store in Latin America, a 5,000-square-meter Zara flagship store spread over two floors, Bershka and Pull&Bear have launched stores in the country, as Modaes reported.

Both chains have opened their doors on the Autopista level of the Sambil Chacao shopping center in Caracas. The Bershka space has an area of 849 square meters, while the Pull&Bear store has 986 square meters.

For the time being, the Spanish group is not contemplating other openings imminently and plans to assess market interest through the activity of these three stores. Although Inditex has reduced its interest in Latin America by 10% with 71 closures in the last five years, these stores send an encouraging message for the region, where the company operates 650 stores.

Inditex closed all its stores in the Venezuelan market in 2021.

Inditex, which landed on the continent in 1992 with a first opening in Mexico, extends its current commercial network to 19 markets such as Argentina, Uruguay, Chile, Brazil and Peru. At the end of fiscal year 2024, the Mexican market had 401 stores. The Colombian market, meanwhile, ranked second in terms of the number of stores, with a total of 63.

Inaugurated in 1998, Sambil was a milestone in the modernization of shopping malls, which energized the Venezuelan commercial panorama. Located in the municipality of Chacao (Caracas), the complex has a surface area of 250,000 square meters distributed over five floors and houses more than 500 stores.

Inditex closed the first quarter of 2025 with sales up only 1.5%, to 8,274 million euros, and increased its net profit by 0.3%, to 1,305 million euros, compared to the same quarter of 2024. This growth is clearly lower than that of the previous year, when the world's leading fashion retailer increased its sales by 7.5% and its profit by 9%.