Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Founder's daughter named chair of fashion giant Inditex

Spanish fashion giant Inditex says the founder's daughter has been named as the next chairperson of the company that owns Zara, Massimo Dutti and other clothing chains

Via AP news wire
Tuesday 30 November 2021 06:44 EST

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

The daughter of the founder of Spanish clothing company Inditex which owns Zara Massimo Dutti and other fashion chains, has been named as the company's next chairperson. woman, the company said Tuesday.

Inditex’s board of directors named Marta Ortega to replace Pablo Isla, who has led the company since founder Amancio Ortega stepped down as chairman in 2011. The board also named Óscar García as Inditex's new CEO

Marta Ortega, 37, is slated to start April 1 as chairwoman of the company her father founded in 1963 in northwest Spain before turning it into an international leader in retail fashion. Her and García's appointments must be ratified at an annual shareholders' meeting.

“I have lived and breathed this company since my childhood, and I have learned from all the great professionals I have worked with over the last 15 years,” Marta Ortega said. “I’m deeply honored by the trust that has been placed in me, and enormously excited about the future that we are all about to embark upon together.”

Besides its flagship Zara stores, Inditex also owns the Massimo Dutti, Pull & Bear, Bershka, Oysho and Stradivarius fashion chains.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in