El Corte Ingles (Spain)

El Corte Ingles is one of Spain's largest private companies, but was finally unseated as the country's top retailer in 2012 by Zara parent Inditex. It is principally a department store operator, selling a wide range of fashion, soft furnishings, household goods and appliances. However, the group has extended its footprint into numerous other sectors ranging from supermarkets (Hipercor and Supercor) and travel agencies to computer manufacturing. It has been described as probably the single greatest influence on Spanish culture after Real Madrid football club. Yet despite its substantial operations in its domestic market, the group has only a minimal presence beyond the Iberian peninsula. As a result, financial performance has dipped significantly since the late 2000s as a result of Spain's economic problems, with revenues slipping steadily since to 2007 to E14.55bn in 2012. Isidoro Alvarez is chairman and controlling shareholder of El Corte Ingles, and the architect of its huge success since 1990. Most of the remaining shares are held by other descendants of his late uncle Ramon Areces, who acquired a small Madrid tailoring business owned by his uncle (El Corte Ingles translates as "The English Cut") and built it into Spain's biggest retailer. Adbrands no longer offers a business profile for this company but subscribers may access account assignments and contact information. The searchable account assignments database is available to full subscribers to Adbrands.net premium services. Click here to access Adbrands account assignments (subscribers only); or see here for information on how to subscribe.

Which agencies handle advertising for El Corte Ingles? Find out more from Adbrands Account Assignments

Who are the competitors of El Corte Ingles? See also Clothing Sector and Retailing Sector index

Adbrands Company Profiles assess more than 1,000 leading advertisers, brands and agencies, and examine each company's business record, geographic strength and comparative performance within its chosen sector, including strengths and weaknesses, history, up-to-date news and top-line financial information. What else does the company do? How did it originate? What other brands does it own? How is it performing in the market? With what other businesses is it affiliated? 

Adbrands Account Assignments is a database tracking account management for the world's leading brands and companies. In other words, which advertising agency handles which accounts in which countries. Fully searchable by brand, brandowner company or advertising agency, the database now contains more than 15,000 worldwide account assignments for over 4,000 leading brands.

More about Company Profiles | More about Account Assignments

New to the industry? See here for a brief summary of how the agency business is structured.


Adbrands.net. All rights reserved Mind Advertising Ltd 1998-2014