Description

El Corte Inglés is a Spanish multinational company and a leading global department store chain, known for its wide range of merchandise, including fashion, home goods, electronics, and food, operating both physical stores and an online platform. 

Here’s a more detailed breakdown:
  • History and Evolution:

    Founded in 1940 as a small tailor shop in Madrid, El Corte Inglés has grown into a major retail player, expanding its presence in Spain and Portugal. 

  • Business Model:

    El Corte Inglés operates a multi-format business model, encompassing department stores, hypermarkets (Hipercor), supermarkets (Supercor), and specialized stores (Sfera, Viajes El Corte Inglés, Bricor, Óptica 2000, Informática El Corte Inglés). 

  • Product Offering:

    The company offers a diverse selection of goods, including apparel, accessories, cosmetics, home furnishings, electronics, groceries, appliances, and sporting goods, catering to a wide range of customer needs. 

  • Services:

    El Corte Inglés provides various services to enhance the customer experience, such as personal shopping, tourist services, concierge services, and a delivery program. 

  • Customer Focus:

    The company emphasizes customer service and aims to adapt to the evolving tastes and needs of its customers, fostering a policy of diversification and innovation. 

  • SICOR:

    El Corte Inglés has a service group called SICOR, which offers security, cleaning, maintenance, and logistics services. 

  • Diversity and Inclusion:

    El Corte Inglés values diversity and inclusion, fostering a team environment that embraces differences in gender, race, nationality, ability, and other characteristics. 

  • Sustainability:

    El Corte Inglés is committed to ethical, sustainable, and responsible business practices, with a focus on mutual trust with all stakeholders. 

  • Online Presence:
    El Corte Inglés has a strong online presence, offering a wide range of products and services through its website. 
Marta Alvarez Guil:
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Christina Alvarez Guil:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Fernando Becker Zuazua:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Manuel Pizarro Moreno:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No
Javier Rodriguez-Arias Ambrosini:
qone: No, qtwo: No, qthree: No, qfour: No, qfive: No, qsix: No

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5 Benchmark > 4 Excellent > 3  Good > 2 Caution > 1 Risk

 

 

 

 

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Credit Rating

NameLogoCountryHeadquartersRating
Fitch Credit LogoUnited States of AmericaNew YorkBBB-
S and P Global Credit LogoUnited States of AmericaNew YorkBBB-

 

Countries Operations/ Offices


 

Company Directors

Name
Nationality
Age
Role
Qualification
Name

Marta

Executive
NationalitySpain
58
RoleDirector
QualificationNot Available
Date Appointed: 01/01/2019
Duration:
6 years and 10 months
Independance: Y
Name

Christina

Non Executive
NationalitySpain
RoleNED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Fernando

Non Executive
NationalitySpain
70
RoleDirector
QualificationDoctorate
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Manuel

Executive
NationalitySpain
74
RoleNED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.
Name

Javier Rodriguez

Executive
NationalitySpain
RoleNED
QualificationNot Available
Date Appointed:
Duration:
Date not available.
Independance: Date not available.

 

Directors Tenure

Name
Duration
Name

Marta Alvarez Guil

Duration6 years and 10 months
Name

Christina Alvarez Guil

DurationDuration not available.
Name

Fernando Becker Zuazua

DurationDuration not available.
Name

Manuel Pizarro Moreno

DurationDuration not available.
Name

Javier Rodriguez Arias Ambrosini

DurationDuration not available.

 

Director Experience

Name
Experience
Name

Marta

Experience Retail, Other
Name

Christina

Experience Retail, Other
Name

Fernando

Experience Retail, Other
Name

Manuel

Experience Retail, Other
Name

Javier Rodriguez

Experience Retail, Other

 

Company Auditors

Name
Date Appointed
Years
Name

Ernst & Young

Date Appointed01/01/2018
Year7 years and 10 months

 

 

Company Committees

Name

Marta Alvarez Guil

Mainboard, Audit, Remuneration BD, RE, EX
Name

Christina Alvarez Guil

Mainboard, Audit, Remuneration BD, AU, RE, OT
Name

Fernando Becker Zuazua

Mainboard, Audit, Remuneration BD, OT
Name

Manuel Pizarro Moreno

Mainboard, Audit, Remuneration BD, AU
Name

Javier Rodriguez Arias Ambrosini

Mainboard, Audit, Remuneration BD, EX

 

Committee
Abbreviation
Supervisory Board
SB
Board
BD
Risk & Compliance
RC
Audit
AU
Remuneration
RE
Capital investment
CI
Industry Specific
IS
Nominations & Governance
NG
Health, Safety & Environment
HS
Social & Ethics
SE
Technology
TE
Executive
EX
Other
OT