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Zara

January 14, 2022

Canadian multi family office Northwood is acquired by CI Financial, Inditex owner Amancio Ortega buys up a key piece of Toronto real-estate and hedge fund billionaire Alan Howard gets into the esports game.

CI Financial acquires Canadian multi family office Northwood

Northwood, the privately-owned boutique Canadian family office, has agreed to a sale to investment management firm CI Financial Corp.

One of the first multi-family offices established in Canada, the Toronto-based Northwood, which co-ordinates the financial, investment and personal affairs of Canadian and global families, manages approximately $2.2 billion of investment assets and $9 billion net worth.

December 6, 2021

Zara owner Inditex names Ortega heiress as chairwoman, Gucci heirs fire back at “hooligan” portrayal in House of Gucci, Formula One pioneer Sir Frank Williams’s legacy remembered.

Zara owner Inditex names Ortega heiress as chairwoman

Marta Ortega Perez, youngest daughter of billionaire Inditex founder Amancio Ortega, says she will build upon her parents’ legacy and balance innovation and heritage as she prepares to head the world’s largest apparel retailer.

July 30, 2021

Porsche family joins billionaire space race with rocket investment, Amancio Ortega’s Inditex fortunes fall and rise with Covid-19 restrictions, Weston family puts Selfridges on the auction block for $5.5 billion.

Porsche family joins billionaire space race with rocket investment

The Porsche family is backing the European rocket launch startup Isar Aerospace Technologies with an eye on the spin-off innovations from easier access to space.

September 17, 2020

Deepening digital strategy boosts Inditex coronavirus recovery, Mars principal leads charge to overhaul capitalism with social purpose, Billionaire Chuck Feeney goes broke after going big in philanthropy.

Deepening digital strategy boosts Inditex coronavirus recovery

Online sales turbo-charged a V-shaped coronavirus recovery into profit for the digitally innovative Ortega family-owned Spanish fashion giant Inditex, best known for its high street chain Zara.

October 21, 2019

CampdenFB celebrates in October the Top 75 leading lights in the family business and family office space over its 75 issues.

Last week we profiled the key ones-to-watch in the Emerging Markets of the world. We turned our attention to the inspirational figures in Asia-Pacific in the week before and the major players in the Americas at the start of this series. This week, for the fourth and final section, we focus on arguably the heart of the global community of multigenerational family businesses of wealth—Europe.

CampdenFB celebrates in October the Top 75 leading lights in the family business and family office space over its 75 issues. Last week we profiled the key ones-to-watch in the Emerging Markets of the world. We turned our attention to the inspirational figures in Asia-Pacific in the week before and the major players in the Americas at the start of this series. This week, for the fourth and final section, we focus on arguably the heart of the global community of multigenerational family businesses of wealth—Europe. 

August 29, 2018

Family businesses in Spain played a vital role in helping to limit the sharp rise in unemployment during the country’s prolonged slump, and are now seeing their fortunes improve as the economy continues to recover

Family businesses in Spain played a vital role in helping to limit the sharp rise in unemployment during the country’s prolonged slump, and are now seeing their fortunes improve as the economy continues to recover

Spain was among the Eurozone countries hit hardest by the economic crisis in 2008, its GDP shrinking by 10% over five years. At the same time, the lines of those searching for work lengthened dramatically and when the country was at its lowest ebb, the unemployment rate was well above 25%.

November 6, 2014

The daughter of Inditex’s founders has declared a 5% ownership stake in the multi-billion dollar Spanish fashion company, best known for its retail chain Zara.

The daughter of Inditex’s founders has declared a 5% ownership stake in the multi-billion dollar Spanish fashion company, best known for its retail chain Zara.

Sandra Ortega owns the stake through holding vehicle Rosp Corunna, which she inherited following her mother’s death from a stroke last year.

June 13, 2013

Amancio Ortega's Inditex struggled to match last year's growth in the first quarter of its fiscal 2013, H&M's second quarter sales shrank, while Remy Cointreau posted strong results. 

Amancio Ortega's Inditex struggled to match last year's growth in the first quarter of its fiscal 2013, H&M's second quarter sales shrank, while Remy Cointreau posted strong results.

May 23, 2011

Family-controlled clothing empire Inditex and America’s largest retailer Walmart are eyeing new markets in a quest to further expand their operations.

Family-controlled clothing empire Inditex and America’s largest retailer Walmart are eyeing new markets in a quest to further expand their operations.

Inditex, founded by Spanish billionaire Amancio Ortega, announced on 19 May that it has opened its flagship Zara store in Sydney, Australia as part of its strategy to expand in Latin America, Australia and Africa.

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