El Corte Inglés news and archive

El Corte Inglés ends 2024 with its highest revenue in 14 years

Madrid – Spanish department store group El Corte Inglés (ECI) presented its financial results for the 2024/2025 financial year. This period, which ended on February 28, saw the company, chaired by Marta Álvarez, achieve its highest revenue in 14 years. According to information provided by the management of the Spanish group, ECI ended its last...

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El Corte Inglés appoints Gastón Bottazzini as CEO

The Spanish retail and services group El Corte Inglés has a CEO once again. On Friday, shareholders approved the appointment of Gastón Bottazzini as the new CEO at the annual general meeting. The position had been vacant since Víctor del Pozo resigned in spring 2022. Since then, general managers José María Folache and Santiago Bau had jointly...

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Fashion

The most iconic department stores around the world, ranked

Department stores have long been a staple in the shopping world. They are the markers of a downtown shopping area, the axis upon which one plans their day out on the town. And despite the rise in online shopping, and downfall of many department stores during the Covid-19 crisis, there are certain giants that continue to be seen as truly iconic...

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Business|ANALYSIS

Debunking El Corte Inglés’ growth strategy

Madrid- The English Court held its first shareholders meeting this weekend led by the group's new president, Marta Álvarez. The department store operator unveiled the keys to its strategy for the next two years: new own brands, digital acceleration and greater internationalisation. Marta Álvarez was premiering as president of El Corte Inglés at...