El Corte Inglés
El Corte Inglés
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legal form | SA (joint stock company) |
founding | June 28, 1940 |
Seat |
Madrid , Spain |
management | Marta Alvarez (President) Víctor del Pozo (CEO) |
Number of employees | 96,678 (2012) |
sales | 14.5 billion euros (2012) |
Branch | Retail, wholesale, credit brokerage, insurance brokerage, publishing |
Website | www.elcorteingles.com |
El Corte Inglés is the largest department store chain in Europe in terms of sales and ranks fourth worldwide. With branches across the entire Iberian Peninsula as well as on the Balearic and Canary Islands , the company achieved sales of € 18.44 billion in 2005 (2004: € 16.91 billion).
history
The name El Corte Inglés (“The English Cut”) comes from a tailoring shop for children's clothing that was founded in Madrid in 1890 . In 1939 Ramón Areces Rodríguez acquired the tailoring business and in 1940 converted it into a public company. Since then, all kinds of goods have been sold, the concept is comparable to that of Galeries Lafayette ( Paris ), Harrods ( London ) and KaDeWe ( Berlin ). After the death of his great-uncle, Isidoro Álvarez took over the presidency of the group in 1989 . Since 2001 the first branch outside of Spain has been in operation in Portugal ( Lisbon ). In 2006, the second department store in Portugal opened in a suburb of the city of Porto .
After Isidoro Álvarez's death in September 2014, his nephew Dimas Gimeno Álvarez, until then CEO of the group, became the new President, a position he held until June 14, 2018. He was followed by Jesús Nuño de la Rosa (* 1963) as President and Víctor del Pozo as CEO.
structure
The El Corte Inglés group also includes:
- Hipercor ( hypermarket chain)
- Telecor (telecommunications)
- Investrónica (logistics, IT hardware)
- Editorial Centro de Estudios Ramón Areces (science publisher)
- Opencor (convenience store, open 24/7)
- Supercor (supermarket)
- Supercor-exprés (supermarket) and
- Sfera (clothing)
The sub-organizations of the core company El Corte Inglés are:
- Viajes (travel)
- Informática (IT solutions)
- Cess (property insurance)
- Seguros (personal insurance)
- Financiera (financing)
Web links
- Official website (Spain)
- Official website (Portugal)
- Official website (France)
- Official website (United Kingdom)
Individual evidence
- ↑ DGAP-Media: Spanish JAXX participation cooperates with Europe's largest department store chain El Corte Inglés ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ press release