The Spanish department store group was founded as a tailor shop in the street Preciados in the Spanish capital. Ramón Areces Rodríguez buys the shop and transformed it into a retail empire. Isidoro Álvarez was the president of the company that relieved the initial owner and with him the group expanded in its local territory and expanded also internationally, starting with Portugal.
El Corte Inglés
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Feb 3, 2020 — 9:00am
Although done at a slow pace, the Spanish fashion business incorporates methods to connect sustainability with its performance.
Sep 26, 2019 — 9:00am
Sfera, the fashion chain of the department store giant El Corte Inglés, will open four stores next November. For next year, the goal of the group is also to take its children’s chain to the country.
Sep 3, 2019 — 5:54pm
The qualification agency gave a good valuation to the business strategy of the Spanish department stores giant, the reduction of its debt, the financial flexibility and the operational of real states business.
Aug 27, 2019 — 8:56am
The group presents a strategic plan to recover the time loss after putting an end to an internal fight and controlling its debts.
Aug 26, 2019 — 4:00pm
The new president of the Spanish department stores giant, Marta Álvarez, presented the roadmap that defines the new strategic politics of the company to boost its growth.
Aug 5, 2019 — 4:00pm
The Spanish giant of department stores sealed an alliance with the Chinese marketplace to distribute Tizas, Brotes and Cotton Juice.
Aug 1, 2019 — 4:12pm
The Spanish department store giant has as a goal to potentiate sustainability for 2023, so 50% of the cotton used by the group belongs to the BCI program.
Jul 25, 2019 — 4:00pm
International sales of the Spanish giant grew 6.7% in 2018. Foreign sales are already 5.4% of the group’s total revenue.
Jul 10, 2019 — 5:17pm
Marta Álvarez, daughter of late president Isidoro Álvarez, has taken the helm at the Spanish giant. Together with her sister, Cristina, she’s also the main shareholder of the group.
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