Zara founder’s daughter becomes fashion giant's chair

Zara founder’s daughter becomes fashion giant's chair

access_time2021-12-01 11:00:16

Marta Ortega will replace Pablo Isla, chairman of Inditex since 2011.

Ms Ortega has been with the firm for 15 years, starting out as an assistant at its High Street brand Bershka.

"I have always said I would dedicate my life to building upon my parents' legacy," the 37-year-old said.

Ms Ortega has been credited with strengthening the retailer's brand image, having led several campaigns, including the launch of Zara's premium collections such as Zara SRPLS and Charlotte Gainsbourg by Zara.

Inditex was founded by Amancio Ortega with his ex-wife Rosalia in 1975 in Galicia, Spain.

Mr Ortega is one of the world's richest men, with an estimated net worth of $77.8bn (£58.3bn), according to Forbes. He was chairman of Inditex until 2011.

Inditex, whose brands also include Pull&Bear and Stradivariusm, has come to dominate High Streets around the world, with more than 6,600 shops globally.

Most of its clothing is made close to its Spanish headquarters or in nearby countries such as Portugal, Morocco and Turkey, helping the firm to achieve its famously fast reaction times to new fashion trends.

Marta Ortega Pérez began working for Inditex on a shop floor in London 15 years ago.

Her new job will be as the company's chairwoman, helping steer a retail behemoth with nearly 7,000 stores, more than 8,000 factories and a market value of $100bn.


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