Posts tagged as el corte inglés

  • DimasSalaPrensa

    Tuesday, September 1st 2015

    El Corte Inglés: Spain, what crisis?

    by Markus Huber

    El Corte Inglés, the large Spanish department store operator and second largest sporting goods retailer in the Iberian country,  presented positive figures for its last financial year ended Feb. 28. Consolidated sales were up by 2.6 percent to nearly €14.6 billion compared with 2013-14. Earnings before interests and taxes soared by 58.8 percent to €295.7 […]


    Thursday, November 20th 2014

    El Corte Inglés joins MSF in fight against Ebola

    by Markus Huber

    El Corte Inglés, Spain’s large department store chain and the second largest sporting goods retailer in the country, is supporting the non-governmental organization Médecins Sans Frontières (MSF) in its fight against Ebola. Both customers and employees have the opportunity to donate money in the group’s on-street stores and its affiliated food retail banners. At the same […]

  • Dimas Gimeno, new president of El Corte Inglés.

    Thursday, September 18th 2014

    Gimeno to succeed Álvarez as head of El Corte Inglés

    by Markus Huber

    As expected, the supervisory board of El Corte Inglés, Spain’s large department store chain and the country’s second largest sporting goods retailer, has appointed Dimas Gimeno Álverez as the new president of the company. He is the nephew of and now successor to Isidoro Álvarez Álvarez, who passed away last Sunday. The decision did not come […]

  • Isidoro Álvarez_2

    Monday, September 15th 2014

    Álverez’ death: an “English cut” for Spanish retail

    by Markus Huber

    The news broke on Spanish TV on Sunday afternoon. Isidoro Álvarez, president of El Corte Inglés, the big department store chain and one of the country’s leading sporting goods retailers had died unexpectedly. He was 79. He passed away only five days after another iconic captain of Spain’s beleaguered economy. Emilio Botín was long-time chief of Banco Santander, Europe’s largest […]

  • Where it all began: The first El Corte Inglés store in Madrid in the 1930ies.

    Tuesday, September 2nd 2014

    El Corte Inglés had a satisfactory year

    by Markus Huber

    Given the generally difficult economic environment in Spain, El Corte Inglés, the country’s large department store chain and operator of specialty sports stores as well as supermarkets, managed to present satisfactory figures for the financial year 2013. Consolidated sales were slightly down by 1.8 percent over the previous year to €14.29 billion. Net profit was […]