![]() ![]() Twice married, and best known via party pictures in the Spanish tabloids, Ortega Pérez had been dismissed frequently by the chauvinistic media as being a showjumping socialite. This charismatic yet soft-spoken host was tipped as heir to his retail dynasty.Ī few weeks later, it was announced that Ortega Pérez would become the new non-executive chair at Inditex, starting in April 2022. Her name was Marta Ortega Pérez, the daughter of the Inditex and Zara co-founder, Amancio Ortega Gaona, whose personal wealth is estimated to be around $77.7bn. ![]() The centre of the party gravitated around a chic, rather grave-looking thirtysomething woman with a choppy bob and heavy brows. The room had a rare intoxicating quality, the sense that everyone was here. Photographers – Inez & Vinoodh, Craig McDean and David Sims – chatted to models, editors and stylists associated with the world’s most esteemed newspapers and magazines. Here, in dusky candlelight, stood the nexus of the fashion industry. Another cocktail evening during shows, we shrugged, but went along to check things out. Charlotte Gainsbourg was launching a denim collaboration with Zara, hosting an evening at Hôtel Particulier Solférino in Saint-Germain. It was during the spring-summer season of collections, and a week of parties in a rare pandemic lull. I got the sense something had happened about 18 months ago in Paris. She had a daughter with Torretta in 2020 and has a son with her ex-husband Sergio Alvarez Moya.Sometimes power transfers happen slowly – less a regime change than the steady accretion of quiet power. While Ortega is very discreet about her personal life like the rest of her family, photos of her lavish 2018 wedding to her second husband Carlos Torretta were splashed across celebrity magazines. Ortega will earn one million euros ($1.1 million) per year as the chairwoman of Inditex, which owns seven other brands in addition to Zara including Massimo Dutti, Bershka and Stradivarius. She is taking the position as the global economy faces headwinds from Moscow's invasion of Ukraine, which prompted Inditex to close its 502 shops in Russia. Inditex's CEO, Oscar Garcia Maceiras, formerly of Spanish banking giant Santander, "will be the one who takes executive decisions" although "she will have to play a role," he added. Ortega is "well prepared" and is "well surrounded" at the firm, said Vernis. The concerns appear to have faded since then. She is also credited with helping to set Zara's image apart from its competitors by opening stores on streets dominated by designer boutiques.īut when her appointment as chairwoman was announced, questions were raised about her lack of management experience, causing Inditex shares to drop. Under her watch Zara developed campaigns with some of the most renowned creative people in the sector such as US fashion photographer Steven Meisel, who won acclaim for his photos of Madonna in her 1992 book Sex, and Italian director Luca Guadagnino. With her slim figure and blonde hair, Ortega is regularly seen at the front row of fashion shows, rubbing shoulders with fashion icons such as Vogue editor Anna Wintour. ![]() "She established many ties with the world of fashion," Alfred Vernis, a professor at Spanish business school ESADE and former Inditex executive, told AFP. Ortega is regularly seen at the front row of fashion shows, rubbing shoulders with fashion icons such as Vogue editor Anna Wintour GETTY IMAGES NORTH AMERICA via AFP / Jamie McCARTHY Ortega, who is passionate about horse riding and has competed in show jumping events, went on to work at Inditex's headquarters in Galicia, where she in recent years worked on Zara's brand image. While she did not reveal that she was the Inditex owner's daughter, her colleagues at the shop have told Spanish media they soon figured it out when they noticed the Rolex watch she wore. ![]() Some people never want to leave," she said during a rare interview with the Wall Street Journal in August 2021. But then you get kind of addicted to the store. "The first week, I thought I was not going to survive. The only child from Amancio Ortega's second marriage to Flora Perez, Marta grew up in the rainy fishing port of La Coruna in northwestern Spain with her half-sister Sandra and half-brother Marcos.Īfter attending a Swiss boarding school and graduating from the European Business School in London in 2007, she briefly worked as a shop assistant at a Zara store in London to better understand how they operate. Ortega is passionate about horse riding and has competed in show jumping events AFP / LOIC VENANCE ![]()
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