Articles by Jaime Martinez
Recover joins Turkish Ünteks Group to boost industrial use of its recycled cotton
Madrid – Spanish company Recover, a recognised industry leader in the global production of recycled cotton fibres, has today announced a partnership agreement with Turkish textile company Ünteks Group. Through this new alliance, both companies will collaborate to promote the use of recycled cotton within the textile and fashion ecosystem....
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Pádel Nuestro launches offensive with a focus on customer experience, entering the UK with a Manchester store
Madrid – Murcia-based sports multinational Pádel Nuestro continues to expand its retail footprint, having opened its new flagship store in Barcelona at the end of last May. The store is a prime example of the company's strategy for physical retail. It focuses on the customer experience as the foundation of the shopping journey it aims to provide...
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Trump scraps Hormuz toll, replacing it with trade deals with Gulf countries
Madrid – US president Donald J. Trump is continuing his unusual, unique and controversial policy of demanding the most only to ultimately impose the least. He has now announced his decision to scrap a 20 percent levy on all cargo passing through the Strait of Hormuz. The levy has been abandoned in favour of trade and investment agreements with...
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Ottolinger and Desigual partner on upcycled capsule collection from brand archives
Madrid – Desigual continues to advance its unique and increasingly elevated collaboration policy, announcing its latest partnership with Berlin-based Ottolinger. A regular on the official Paris Fashion Week calendar, Ottolinger has developed a capsule collection with the Spanish company, founded in Barcelona in 1984. This new collection draws...
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Adolfo Domínguez adjusts financial reporting, ceases quarterly results publication
Madrid – Not in the morning, nor at midday, nor in the afternoon. It was only after the markets had closed that Adolfo Domínguez announced the cancellation of its results publication, scheduled for this past Monday, July 13, 2026. This decision stems from an adjustment to its financial reporting calendar. Under this new policy, the Spanish...
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Trump takes control of Hormuz: imposes a 20 percent toll on all cargo
Madrid – In the latest update on the ongoing conflict in the Middle East between Iran and the US, and the status of the strategic Strait of Hormuz, US president Donald J. Trump has reaffirmed that the maritime corridor remains open for the passage of goods. This security guarantee is provided by the US, and as a result, a 20 percent toll will...
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Loewe opens applications for the tenth edition of the Loewe Craft Prize
Madrid – Following the outstanding success of its latest 2026 edition, the Loewe Foundation has announced the opening of the application phase for a particularly special and commemorative tenth edition of its international craft prize. The Loewe Foundation Craft Prize is now accepting applications. The award will be presented in spring 2027 from...
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Pronovias appoints new marketing and communications director following its sale to Cap Capital
Madrid – Pronovias is continuing to lay the foundations for its next chapter under the ownership of British investment group Cap Capital, announcing the appointment of Alejandro Santos as its new marketing director. This appointment follows the official announcement almost a month ago of Luis Müller Heiberg as the company's new chief financial...
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Long-standing Zara Womenswear director Beatriz Padín departs Inditex after 25 years
Madrid – At a time of particular significance for Inditex, and especially for its leading fashion chain Zara, the Spanish company has just announced the departure of veteran executive Beatriz Padín. A key figure within the group for the past 40 years, Padín has spent the last 25 as the director of its primary business line: the Zara womenswear...
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Inditex's AGM in detail: 10 growth pillars, Marta Ortega's role and shop assistants' intervention
Madrid – Looking beyond the institutional message with which a particularly presidential Marta Ortega opened Inditex's 2026 Annual General Meeting (AGM), we now delve into the significant issues raised before the Spanish group's investors. During the meeting, as was widely expected, all items on the agenda were approved in their entirety. The...
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