Oysho, the lingerie brand under Zara’s parent company Inditex, announced on October 20 that it will close its Tmall flagship store on November 17 due to business adjustments. This move follows the group’s decision in 2019 to withdraw its four major brands – Bershka, Pull & Bear, Stradivarius, and Uterqüe – from the Chinese market. Founded in 2001, Oysho originally focused on lingerie but later expanded to include activewear, offering a range of products that includes lingerie, casual fitness apparel, and bags.