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Business Weekly: Zara founder's family keeps control of fashion giant

Zara founder's family keeps control of fashion giant

04/12/2021 GMT

BBC World Service - Business Weekly, Zara founder's family keeps control of fashion giantSearch BBC

Succession at the world’s largest clothing retailer, Inditex

The world’s largest clothing retailer, Inditex, keeps it in the family with the appointment of the daughter’s founder as chairperson.

The world’s biggest clothing retailer, Inditex, has a new boss, the 37-year old daughter of the company’s founder. Will Marta Ortega manage brands like Zara, Pull & Bear and Massimo Dutti in the same way her father did or will she take a different path? And do consumers still want fast fashion? Plus, we hear why mining the metals and minerals used in green technologies can contribute to the world’s climate change problems and what is needed to ensure that they are mined in a way that doesn’t infringe on human rights or damage local communities. Also, one of the founders of Transparency International tells us the money stolen by corrupt leaders is being ploughed into western assets like property – with the help of an army of financial and legal professionals. Meanwhile, Covid has forced many workers to re-assess and re-evaluate their lives and as a result, they are quitting their jobs in record numbers. It's being called the Great Resignation. And the increasing appeal of the ukulele; how the small guitar-like instrument is making a big noise among the young. Business Weekly is presented by Matthew Davies and produced by Clare Williamson.
(Image: Zara shopper with brown bag; Credit: Getty Images)

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