US EditionFashion and Hospitality Boost El Corte Inglés' Profits - RetailDetail EU
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.7 Articles
7 Articles
Fashion and hospitality boost El Corte Inglés' profits - RetailDetail EU
El Corte Inglés posted solid profit growth last year. Private labels and e-commerce in particular generated higher margins for the Spanish department store group, while fashion and hospitality were the physical drivers. Growth expected across the board El Corte Inglés closed the 2024-2025 financial year with a net profit of 512 million euros, an increase of 6.7% compared to the previous year. However, turnover increased to a lesser extent, by 2%…
The group of department stores, distribution, fashion and travel reaches 16,675 million euros in its turnover in the financial year 2024-25.
The company attributes these improvements in the accounts to advances in management efficiency, customer service vocation, continuous innovation and quality of its CaixaBank products and CEOE launch a funding line of 45,000 million
The Galician company reaches 16,675 million euros in revenues, 2% more than the previous year, thanks to the innovation, efficiency and boom of its online channel. Net profit grows by 6.7% to 512 million.
The English Court has presented the results corresponding to the 2024-25 financial year, ended on February 28, 2025, with a clearly positive balance. The consolidated revenues of the group reached 16,675 million euros, which represents an increase of 2% compared to the previous financial year. This favorable evolution is explained by the improvement in the efficiency of the management, the continuous commitment to innovation, the quality of its …
El Corte Inglés has presented results that consolidate its transformation and reaffirm its role as one of the giants of retail in Europe. With a net profit of 512 million euros and a turnover of more than 16,300 million, the group advances with firm step towards a new stage marked by profitability, [...] La entrada El Corte Inglés earns 512 million euros and approaches the 17 billion turnover aparece primero en Forbes España.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
