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Inditex's stocks fell by 12% over the year. [35] In May 2021, Inditex said that all its stores in Venezuela would close as it will review its agreement with its local partner Phoenix World Trade. [36] In the three months to 30 April 2023, the group reported a 13% increase in sales to £6.54 billion and a 14% rise in profit to £3.96 billion ...
He is the founder and former chairman of Inditex fashion group, best known for its chains of Zara and Bershka clothing and accessories shops. He is considered a pioneer in fast fashion . [ 1 ] As of September 2024, Ortega had a net worth of $134.3 billion, making him the second-wealthiest person in Europe after Bernard Arnault and the 11th ...
Marta Ortega Pérez (born 10 January 1984) is a Spanish businesswoman who is the daughter of Amancio Ortega and was appointed chair of Inditex as of December 2021. [1] [2] Ortega replaced Pablo Isla, who was chair and CEO of Inditex since 2011, in April 2022. [3] [4]
Inditex, owner of brands including Zara, Bershka and Pull & Bear, will close all its stores in Venezuela in coming weeks as a deal between the retailer and its local partner Phoenix World Trade ...
Gap Inc. is the largest specialty retailer in the United States, and is 3rd in total international locations, behind Inditex Group and H&M. [7] As of early 2023, Gap employs about 95,000 people. [ 8 ]
NEW YORK -Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its ...
CIUDAD JUÁREZ, Mexico – When Mexico's president offered to send 10,000 troops to the U.S. border, it was an easy response to President Donald Trump's tariff threats. Claudia Sheinbaum Pardo has ...
In 2009, Trent and Inditex established a 49:51 joint venture to run Zara stores in India. [13] [14] Two years later, the two companies entered a similar agreement to open Massimo Dutti stores in India. [15] In 2014, Tesco acquired a 50% stake in Star Bazaar for £85 million and became a joint venture partner.