Inditex wins retailaward

Inditex was awarded the Retailer of the Year award during the World Retail Congres, which was held by the first time in Barcelona. The event, organized by European media group Emap, was attended by 1,000 leading retail industry executives. Over 100 speakers, including such retail luminaries as Tony DeNunzio of Maxeda and Sir Terry Leay of Tesco, took part in the congres.

Spanish retail group Inditex - owner of successful fashion chains such as Zara, Berschka and Massimo Dutti - was honoured for its achievements thus far and also for the results it posted for the full year 2006, with which it overtook H&M to become Europe's leading fashion retailer. The jury consisted of ten leading retail executives, including Paul Charron, chairman of the board of Liz Claiborne, and Sir Geoff Mulcahy, chairman of the British Retail Consortium. Other companies to be recognized at the event included Marks and Spencer as Responsible Retailer of the Year and Sainsbury's for Marketing Campaign of the Year.