Hints and tips:
...There is still plenty for Ortega to play for. As Inditex grows, so does its competitive advantage. In that context, its 12 per cent premium to H&M on next year’s earnings looks too tight a fit....
...But the change in consumer perceptions is more recent.It is partly to do with Marta Ortega, daughter of founder Amancio Ortega and the company’s non-executive chair since last year, who has helped launch...
...Swedish fashion group H&M has fallen far more. Inditex’s big advantage is that it produces about half its clothing close to home....
...“The culture of the company reflects Amancio Ortega’s personality,” says Isla, who says he and Ortega are in “permanent contact”....
...In results reported in September, Inditex surpassed pre-pandemic revenues, profits and cash holdings — a milestone that rivals such as H&M have yet to attain....
...The Persson family owns H&M, the Kamprad family Ikea, the Westons Primark, Walton family Walmart, Dickson Poon Harvey Nichols, Rupert family Richemont . . ....
...After making the film, Winterbottom broke ranks with his backers at Sony, alleging they stopped him naming as equally tainted retail titans including Zara’s Amancio Ortega and H&M’s Stefan Persson, in the...
...The company has its origins in a single Zara store started in the 1970s by Rosalia Mera, a former seamstress, and her husband Amancio Ortega, the son of a railway worker, in a small town in the north of...
...This might appear to confirm the prejudice that hirelings such as Pablo Isla, who is unconnected to the Ortega family, make better bosses than dynasts such as H&M’s Karl-Johan Persson....
...Ms Ortega is likely to become an early victim of the constituent assembly....
...The son of Nicaraguan president Daniel Ortega, a Fidel Castro protégé, has a fondness for expensive watches....
...According to research by Société Générale, the investment bank, only 15-20 per cent of Inditex stock is marked down, as opposed to 45 per cent for a competitor like H&M....
...At a top speed of 90km/h, there was plenty of time to admire the scenery....
...of Zara, Stefan Persson of H&M and Sara Blakely of Spanx....
...He is often linked to the region’s Hugo Chávez-Evo Morales-Daniel Ortega trio of muscular leftist leaders, although anyone who has met Mr Correa acknowledges he has a quick mind, and a solid training as...
...In clothes manufacture, rivals such as H&M source 75 per cent of their products from Asia, but Inditex still makes half its clothes in its own backyard – Spain, Portugal and Morocco....
...Its short lead times and centralised distribution model have allowed the retailer to outpace foreign rivals such as H&M....
...Yet Inditex, now valued at €66.9bn on a punchy forward price/earnings multiple of almost 30, more than a quarter higher than rival H&M, has continued to defy such expectations throughout the year....
...The group this year surpassed H&M to become the world’s largest listed clothing retailer by value....
...H&M, sources 75 per cent of its products from Asia....
...President George H.W. Bush’s statement in 1988 was more than just a “Bushism”, of the sort that his son later made famous. It was also a pithy summary of a whole school of thought in the US....
...Unlike H&M, Mr Isla does not plan to hire famous fashion designers such as Stella McCartney to attract attention....
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