Rumermongering: Zara Going Head-to-Head with H&M in Midtown

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If Racked sources are correct, the gigantic H&M flagship on 42nd Street and Fifth Avenue may soon be facing some stiff competition. Fast-fashion retailer Zara is said to be sniffing out space right across the street. The area's home to a few other stores on steroids, like an enormous, three-story BCBG and big-box retailers Best Buy and Circuit City. It's all the inexpensive trendwear and electronics you'd ever need, within four short city blocks!
· Zara [Official Site]

Photo via Flickr/Mitch Glaser