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Alfredo Saenz

Founder of Zara owner Inditex bows out as chairman

Spain's richest man, founder of clothing label Zara, stepped down as chairman of his retail empire on Tuesday, ushering in Inditex's 47-year-old chief executive as his successor. The board backed 75-year-old Chairman Amancio Ortega's decision to hand over to CEO...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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