The daughter of the founder of the Spanish retail giant Inditex, which owns the high street chains Zara, Bershka and Massimo Dutti, has been named as the company’s next chair in the culmination of a “generational handover process”.
Marta Ortega, 37, the daughter of Amancio Ortega, 85, the majority shareholder of the world’s largest fashion retailer and Spain’s richest man with an estimated £53bn fortune, will be installed as head of the board from 1 April.
Ortega, who has worked at the company for
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