The president of the US department store group acquired the part of the capital than he did not control until now after the bankruptcy judge of New York approved last week his rescue plan.
The group sales reached 13.66 billion euros, 26.3% up versus the previous fiscal year, thanks to the evolution of its business in all the regions.
Last January, the president of the company made a 5.2 billion dollar offer to keep 425 stores open and save 45,000 jobs.
The Spanish executive, with a long career at Tous and El Corte Inglés, will become in March the president and CEO of the Portuguese group of accessories.
All economic news of the key fashion companies worldwide.