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Amancio Ortega

Latest News & Analysis
Retail

Billionaire Zara Heir Stakes Family Fortune on Going Upmarket

Inditex’s flagship brand is trying to elevate its image and capture new growth in a market where Shein and Temu are luring young, budget-conscious shoppers.

Retail

Billionaire Zara Heir Stakes Family Fortune on Going Upmarket

Inditex’s flagship brand is trying to elevate its image and capture new growth in a market where Shein and Temu are luring young, budget-conscious shoppers.


Retail

The Future of Zara Under New Leadership

Zara-owner Inditex, the world’s largest fashion retailer, appointed a mix of new and familiar faces to top management positions this week. The shakeup comes at a pivotal moment for the Spanish giant.

Retail

The Future of Zara Under New Leadership

Zara-owner Inditex, the world’s largest fashion retailer, appointed a mix of new and familiar faces to top management positions this week. The shakeup comes at a pivotal moment for the Spanish giant.


News & Analysis

Zara Founder's Real Estate Assets Increase

Amancio Ortega, Europe's richest man and founder of retailer Inditex, had commercial property assets worth nearly $11 billion at the end of 2018.

News & Analysis

Zara Founder's Real Estate Assets Increase

Amancio Ortega, Europe's richest man and founder of retailer Inditex, had commercial property assets worth nearly $11 billion at the end of 2018.


Financial Markets

Inditex's Earnings Growth Slows to Weakest in Five Years

Even a more generous dividend policy unveiled Wednesday failed to stem the decline, showing the Spanish giant is not immune to the retail malaise that has burdened rival H&M.

Financial Markets

Inditex's Earnings Growth Slows to Weakest in Five Years

Even a more generous dividend policy unveiled Wednesday failed to stem the decline, showing the Spanish giant is not immune to the retail malaise that has burdened rival H&M.


News & Analysis

Zara Owner Ortega Closes in on Gates' Title as World's Richest Person

Amancio Ortega, founder of Zara parent Inditex S.A., is $2.2 billion behind the Microsoft Corp. co-founder with a net worth of $83.3 billion, according to the Bloomberg Billionaires Index.

News & Analysis

Zara Owner Ortega Closes in on Gates' Title as World's Richest Person

Amancio Ortega, founder of Zara parent Inditex S.A., is $2.2 billion behind the Microsoft Corp. co-founder with a net worth of $83.3 billion, according to the Bloomberg Billionaires Index.


News & Analysis

Zara Owner Ortega Buys $550 Million Madrid Skyscraper

The purchase marks another step in the famously-reclusive billionaire' s strategy to build a property empire through Pontegadea Inmobiliaria, one of the biggest property companies in Spain, and his holding company Pontegadea Inversiones.

News & Analysis

Zara Owner Ortega Buys $550 Million Madrid Skyscraper

The purchase marks another step in the famously-reclusive billionaire' s strategy to build a property empire through Pontegadea Inmobiliaria, one of the biggest property companies in Spain, and his holding company Pontegadea Inversiones.


Financial Markets

Inditex Profit Beats Estimates, Outpacing Main Fashion Rival H&M

Operating profit increased 6 percent to €705 million ($790 million) in the three months through April, Inditex said.

Financial Markets

Inditex Profit Beats Estimates, Outpacing Main Fashion Rival H&M

Operating profit increased 6 percent to €705 million ($790 million) in the three months through April, Inditex said.


Financial Markets

Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds

Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.

Financial Markets

Inditex Nine-Month Earnings Rise as Spanish Consumption Rebounds

Inditex SA, the world’s largest clothing retailer, reported a 20 percent gain in nine-month profit boost as Spanish consumption recovered after years of austerity.


News & Analysis

Spanish Recluse Behind Zara Briefly Becomes World's Richest Man

Amancio Ortega, who transformed clothing group Inditex into Spain's biggest company, overtook Bill Gates on Friday to become the world's richest man.

News & Analysis

Spanish Recluse Behind Zara Briefly Becomes World's Richest Man

Amancio Ortega, who transformed clothing group Inditex into Spain's biggest company, overtook Bill Gates on Friday to become the world's richest man.


Financial Markets

Inditex Surge Takes Zara Owner’s Market Value Past $100 Billion

Inditex SA has joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.

Financial Markets

Inditex Surge Takes Zara Owner’s Market Value Past $100 Billion

Inditex SA has joined the $100 billion club as this year’s 36 percent gain in the shares gave the Zara owner a market value enjoyed by only about 80 companies worldwide.