Zara overtakes Gap as the world's favourite retailer - Is it yours?
The retail world is buzzing with the news that Zara has overturned Gap as the world's number one clothing store.
How? Well due to an global expansion, the Spanish retailer has managed to reach parts of the world where others can only now dream.
It now owns 3,900 stores across 70 countries, and reported a 9 per cent increase in sales of £1.7bn in the first quarter of its financial year. It is the first time that Zara has been able to overtake Gap as the world's biggest retailer, with the American label hit by poor consumer spending.
This may, or may not come as a surprise to you, depending on how often you shop at Zara. So, do tell us - is it your favourite retailer? Leave your comments below.