Founder’s daughter named chair of fashion giant Inditex

Nov 29, 2021, 1:44 PM | Updated: Nov 30, 2021, 3:54 am
FILE - Marta Ortega daughter of Inditex chief Amancio Ortega, Europe's richest man, and her husband...

FILE - Marta Ortega daughter of Inditex chief Amancio Ortega, Europe's richest man, and her husband Sergio Alvarez talk during the Madrid Open tennis tournament in Madrid, Spain, Saturday, May 10, 2014 . Spanish textile maker Inditex says that Marta Ortega will become its new chairwoman. Inditex’s board of directors has named the 37-year-old Ortega to replace Pablo Isla in April. (AP Photo/Daniel Ochoa de Olza)

(AP Photo/Daniel Ochoa de Olza)

MADRID (AP) — 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.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

FILE - Three elderly men wearing FFP2 face masks to curb the spread of coronavirus, sit on a bench ...
Associated Press

In Greece, unvaccinated older people now face monthly fines

ATHENS, Greece (AP) — Greece Monday imposed a vaccination mandate for people over age 60, as coverage remains below the European Union average and a recent spike in infections has sustained pressure on hospitals. Older people failing to get vaccinated will face penalties, starting at a 50-euro ($57) fine in January and followed by a […]
1 day ago
A pedestrian uses an umbrella as they cross Liberty Avenue, in downtown Pittsburgh, as snow begins ...
Associated Press

Winter storm whipping East Coast with snow, thunderstorms

A dangerous winter storm was bringing significant snowfall, strong thunderstorms and blustery winds to the East Coast of the U.S. on Monday. A foot (30 centimeters) of snow was forecast for parts of New England, New York state, Ohio and Pennsylvania through Tuesday morning. Forecasters in Buffalo, New York, said the snow was falling fast. […]
1 day ago
Associated Press

7 in Swiss trial over protest against quarry expansion

GENEVA (AP) — Seven activists have gone on trial in Switzerland on Monday over charges including alleged trespassing and resisting arrest, over their roles in a campsite protest against the expansion of a limestone quarry in rolling Swiss countryside. The defendants, who are being tried separately in rapid-succession hearings this week, are the first among […]
1 day ago
Associated Press

Sweden puzzled by drones spotted over 2 nuclear power plants

COPENHAGEN, Denmark (AP) — Swedish authorities are puzzled by reports that drones last week were seen hovering over two nuclear power plants on the country’s Baltic Sea coast. Police said Sunday that preliminary investigations have been launched, adding the probes are being handled locally by investigators but they are coordinated nationally by the Swedish police’s […]
1 day ago
Former senator Ferdinand "Bongbong" Marcos Jr. poses after filing his certificate of candidacy for ...
Associated Press

Philippine dictator’s son defeats bid vs. presidential run

MANILA, Philippines (AP) — The son of former Philippine dictator Ferdinand Marcos defeated on Monday a bid to disqualify him from the May 9 presidential race but still faces other petitions from human rights victims and others who have raised alarm over atrocities under his late father’s rule. The Commission on Elections rejected a petition […]
1 day ago
A medical helicopter rests next to the Drexel Hill United Methodist Church after it crashed in the ...
Associated Press

Pilot of crashed medical helicopter released from hospital

PHILADELPHIA (AP) — The pilot of a medical helicopter that crash-landed without loss of life next to a church in a residential area of suburban Philadelphia last week expressed gratitude to his crew and first responders as he was released from a hospital Sunday. Danial Moore was wheeled out of the Penn Presbyterian Medical Center […]
1 day ago

Sponsored Articles

...

Compassion International Is Determined to ‘Fill’ a Unique Type of Football ‘Stadium’

Compassion International SPONSORED — During this fall’s football season—and as the pandemic continues to impact the entire globe—one organization has been urging caring individuals to help it “fill” a unique type of “stadium” in order to make a lasting difference in the lives of many. Compassion International’s distinctive Fill the Stadium (FtS, fillthestadium.com) initiative provides […]
...

What are the Strongest, Greenest, Best Windows?

Lake Washington Windows & Doors SPONSORED — Fiberglass windows are an excellent choice for window replacement due to their fundamental strength and durability. There is no other type of window that lasts as long as fiberglass; so why go with anything else? Fiberglass windows are 8x stronger than vinyl, lower maintenance than wood, more thermally […]
...

COVID Vaccine is a Game-Changer for Keeping our Kids Healthy

Snohomish Health District SPONSORED — Cheers to the parents and guardians who keep their kids safe and healthy. The dad who cooks a meal with something green in it, even though he’s tired and drive-thru burgers were tempting. The mom who calms down the little one who loudly and resolutely does NOT want to brush […]
...
Experience Anacortes

Coastal Christmas Celebration Week in Anacortes

With minimal travel time required and every activity under the sun, Anacortes is the perfect vacation spot for all ages.
...

Delayed-Onset PTSD: Signs and Symptoms

Lakeside-Milam Recovery Centers SPONSORED — You’re probably familiar with post-traumatic stress disorder. Often abbreviated as PTSD, this condition is diagnosed when a person experiences a set of symptoms for at least a month after a traumatic event. However, for some people, these issues take longer to develop. This results in a diagnosis of delayed-onset PTSD […]
...

Medicare open enrollment ends Dec. 7. Free unbiased help is here!

Washington State Office of the Insurance Commissioner SPONSORED — Medicare’s Open Enrollment Period, also called the Annual Election Period, is Oct. 15 to Dec. 7. During this time, people enrolled in Medicare can: Switch from Original Medicare to a Medicare Advantage plan and vice versa. Join, drop or switch a Part D prescription drug plan, […]
Founder’s daughter named chair of fashion giant Inditex