read on the site wwww.ac franchise.com-February 20, 2011
20/02/2011
From The movement at the head of fashion stores Zara
is a new milestone for the brand Zara English fashion *. After 25 years, Amancio Ortega, owner and president of the English group Inditex textile distribution, now No. 1 worldwide distribution of ready-to-wear, announced that he would put his hand to Pablo Isla, the current Vice-President and General Manager.
now 75 years old, founder of the brand, a true legend on the market for textiles and clothing, however, does not completely disappear as the group remains the largest shareholder with nearly 60% capital. It of course remains on the board of directors.
From a new generation, Pablo Isla, 46, a lawyer, is director of Inditex for 5 years and led modialisation particular policy group which has enabled notammenbt to double its size! If upon arrival, the group had about 2,600 stores worldwide, the 5000th was opened in Rome this winter!
This replacement will be effective as from July, when the next general meeting of shareholders.
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