Cifuentes highlights the “humility” Isidoro Álvarez and regrets his death
The Government delegate in Madrid, Cristina Cifuentes, said today “it” that has caused the death of the president of El Corte Inglés, Isidoro Alvarez, the who stressed his “humility” as a person.
At the end of the chapel of Isidoro Álvarez, installed in the Ramón Areces Foundation, Cifuentes said that was one of the “entrepreneurs more jobs has created in recent years. “
They have also gone to the chapel ACS president, Florentino Pérez, and the widow of Camilo José Cela Marina Brown, who have not made statements.
said that the deceased person was a “hardworking, humble, simple,” besides pointing out the “punishment” that caused him “that is gone.”
Isidoro Álvarez died early in this afternoon at the Hospital Universitario Puerta de Hierro, where he was admitted since last Wednesday of respiratory failure.
Familiares, friends and personalities from politics and economics come to dismiss Isidoro Álvarez
Family, friends and personalities from the world of politics and economics have come to dismiss the president of El Corte Inglés, Isidoro Alvarez, whose chapel was installed from 20.00 hours in the Ramón Areces Foundation, Madrid.
Shortly before they began the visits, the nephew of the deceased, Dimas Gimeno, CEO of the English Court and leading candidate to succeed him as president, came to the chapel accompanied by the widow of Isidoro Álvarez and Manuel Pizarro, current deputy to the presidency of the English Court.
The first to go were the former Minister Carme Chacon, who recalled her past as an employee of El Corte Ingles, the lawyer Antonio Garrigues Walker, journalist Pedro J. Ramirez and Minister of Justice, Alberto Ruiz-Gallardón, who was also this afternoon at the Puerta de Hierro Hospital in Madrid, where Alvarez died.
Government of Cantabria expressed his” condolences “on the death of” a benchmark “
The Government of Cantabria has moved its condolences Sunday at the death of the president of El Corte Inglés, Isidoro Alvarez, who, in his opinion, will remain “a benchmark” for young entrepreneurs.
So has called the president of Cantabria, Ignacio Diego, who has expressed his “condolences” and all members of the regional executive director of the English Court in Santander, José Luis de la Fuente Patiño, that is the transmit to the whole family of the employer, managers and employees of this company.
“This is a deeply felt loss”, said Diego, who has emphasized his “admiration” to the employer, which stressed its “discretion” and “constant work”, as reported in a statement the Government of Cantabria.
There was also referred to Alvarez as “a great entrepreneur who has been able to generate employment in Cantabria and placing the Corte Ingles Spain as a European leader and role model in the great commercial distribution. “
Isidoro Alvarez, president of the retail giant, died on Sunday, aged 79, at the Hospital Door Iron Madrid, having received the sacraments, because of a heart attack.
Arturo Fernández (CISM) Alvarez said was “great entrepreneur” trade
The president of the Business Confederation of Madrid (CISM), Arturo Fernandez, today deplored the death of the president of El Corte Inglés, Isidoro Alvarez, “the great impresario of trade” and the driving of the Spanish business movement.
In a statement, Arturo Fernandez , on behalf of the employer and the Madrid Chamber of Commerce (ICOMERC.MC) of Madrid, expressed his “deep regret” over the death of Alvarez.
Ensures that the president of El Corte Ingles, deceased this afternoon at age 79, has been “the great impresario of trade” and “the man who made it possible to access the Spanish middle class welfare society.”
Arturo Fernandez also stresses who was the driver of business associations involved in the founding of CISM in 1977.
Alierta highlights commitment Álvarez things right with the customer
President of Telefónica, César Alierta, lamented the” painful “loss of President of El Corte Inglés, Isidoro Alvarez, which he emphasized” its commitment to doing things well and, above all, with the customer. ”
This commitment, as Alierta, makes Alvarez, died this afternoon in a model for all those like him working in companies that serve people.
In a statement, Alierta has called the president of the English Court as an “exemplary man” for a generation of Spanish businessmen and executives and has stressed its business vision and clarity of ideas, that ” will mark an epoch in the history of the distribution. ”
“His knowledge of the business and its ability to anticipate have made El Corte Ingles, the company that he grew up as an executive, an emblem of quality and good governance around the world, in a authentic brand Spain “, he noted.
President of Telefónica, who knew longtime Alvarez has had more contact with him in recent years thanks to the work of both the Business Council for Competitiveness, which has served to check in a “clearer” their “human closeness and quality,” he assured.
“A painful and unexpected loss has left us one of the pillars of the Spanish business world in recent decades,” said Alierta, who has passed all his love and support to his family “in these hard times. ”
Rajoy praises her figure as “icon of credibility and trust for so many families and consumers,”
The Prime Minister, Mariano Rajoy, has stood the figure of Isidoro Alvarez, died Sunday, as ” icon of credibility and trust for so many families and consumers. ”
In a telegram sent to the family, Rajoy has sent his “deepest condolences” for the death of the president of El Corte Ingles, “one of the oldest and leading representatives of the Spanish business and one of the great experts in commercial distribution. ”
“Linked over a lifetime to El Corte Ingles, managed to make this brand their work and ideas, a world leader in the field of trade,” the text continues.
The Chief Executive has indicated that a “proof of talent” Álvarez are “prizes and awards received throughout his professional life.” Thus, stressed the Gold Medal for Merit in Work; several awards for academic institutions and business and decorations from foreign organizations.
In this regard, stressed the award for Best International Distributor of the Year awarded in 2005 by the National Retail Federation in the United States, “the largest trade association in the world, recognizing its international reputation, creative genius and a distinguished service in the retail industry “, said Rajoy.
The Prime Minister concluded his message by recalling his “great business work” and “relevant and reputable work developed through the Ramón Areces Foundation.”
Pablo Isla (Inditex ) highlights the passion, hard work and dedication of Alvarez
The president of Inditex, Pablo Isla, today regretted “deeply” the loss of Isidoro Álvarez, “great reference of Spanish business scene “and highlighted his passion, hard work and constant dedication,” its identity as an entrepreneur and an example to all. ”
The president of the business group has moved, in a statement, its deepest condolences to the family of Alvarez and the “big family” of the English Court.
Over their virtues, Isla stressed “his dedication and his enormous generosity, so many times” has been found, as has assured both personally and professionally.
Alvarez leaves group 174 million benefits in 2013
The President of El Corte Inglés, Isidoro Alvarez, left a group that raised its profit by 6.2% in its last fiscal year, between March 2013 and February 2014, to EUR 174.3 million, which broke his five-year trend of declines, marked by economic crisis.
In his last speech to shareholders on 31 August, Alvarez was labeled as a challenge to the international break in a “reasonable time” and take their business formats to other markets.
“The management of the company will continue to promote innovation initiatives and encouragement with the invaluable cooperation of our suppliers. Waiting And take the step of internationalization within a reasonable time,” said the manager at the time, whose company has centers in Spain and Portugal (Lisbon and Oporto).
Alvarez did not reveal in his speech the ‘roadmap’ of the internationalization plan , which aims to address the English Court once cleaned up its balance sheet and passed the Rubicon of the crisis .
The Group turnover decreased by 1.8% to 14.292 million euros, while gross operating profit (EBITDA) remained stable at 728.2 million euros, while equity totaled 8.894 million euros, representing an increase of 0.5% over the previous year.
at this time the group has maintained employment, with a workforce of 93,300 employees (94% with permanent contracts), about 3,000 fewer than last year, mostly of retirement or termination of temporary contracts.
On the other hand, the giant department stores during that year made an investment of 404 million euros, down 22% compared with 570 million euros a year earlier.
Over the last year running the retail giant, El Corte Inglés refinanced 4,900 million of bank debt, undertook a bond issue for an amount of EUR 600 million and sold 51% of Financial capital of El Corte English to Santander Consumer Finance.
The English Court during the past year contributed to the Spanish a total of EUR 15,300 million national income. The total contributions the group has made to various institutions and authorities of the State in 2013 exceeded 1,280 million euros.
The company states that the business activity that generates El Corte Inglés and its 31,000 suppliers adds up to 12,000 million per year and underscores the power of group buying and variety of products and services make it “in a boost of Spanish businesses as a whole. ”
Isidoro Alvarez El Corte Inglés has placed as the first major European warehouse in the year 2013 , ahead of Britain’s Marks & amp; Spencer, a total of 88 stores, 43 Hipercor, 203 convenience stores, 29 Bricor, Sfera 98, 2000 Optics 108 shops and 497 offices of Viajes El Corte Ingles in Spain and other 91 abroad. Pizarro, YOUR LAST SIGNING.
Two months before the shareholders’ meeting held, businessman Manuel Pizarro was appointed assistant to the chair of the English Court and later joined the board of the department store group.
joining the highest governing body of the group, which happens to be composed of nine members, the figure of Pizarro acquires more weight and relevance within the organization.
In particular, the board chaired Isidoro Álvarez is made by the Group General Manager, Dimas Gimeno, plus Leopoldo del Nogal, Juan Hermoso, Florencio Lasaga, Carlos Martinez, Portfolio Manacor (represented by Paloma García) and Ceslar Corporation (represented by Carlota Areces).
Among the new ALSO
González (BBVA) President Mourns Loss of El Corte Ingles
The chairman of BBVA, Francisco González, today regretted the loss of President of the English Court , Isidoro Alvarez, died this afternoon.
In a statement, Gonzalez has transmitted on behalf of the bank, its “deepest condolences” for the death and has added to the pain of the family of Alvarez and the group, “in these difficult moments. ”
The President of El Corte Ingles, 79, died this afternoon after he was hospitalized on Wednesday affected by respiratory failure.
The CEOE qualify Alvarez as “referent” of the distribution
The CEOE sector showed today his “deep regret” at the death of the president of El Corte Inglés, Isidoro Alvarez, ‘one of entrepreneurs regarding the distribution sector in Spain. ”
Spanish entrepreneurs have conveyed, in a statement, condolences to the family and close environment of Alvarez, for this “major loss”.
The CEOE stressed that Alvarez has developed a business model that was a “pioneer” in Spain, and has been generally successful and “a great professional reputation, positioning the brand globally.”
The management has recalled the importance that had Isidoro Álvarez and El Corte Ingles in the creation and development of the Confederation, and its social commitment.
Isidoro Alvarez was a member of the governing bodies, and was one of the sponsors of the “Fulbright Scholarship” that granted the CEOE Foundation until 2011 to train young professionals in the field of communication sciences at American universities.
The President of El Corte Ingles, 79, died this afternoon after he was hospitalized on Wednesday affected by respiratory failure.
The remains Isidoro Álvarez reach the Fundación Ramón Areces
The hearse with the remains of the President of El Corte Inglés, Isidoro Alvarez has arrived minutes after 19 hours Ramón Areces Foundation, which will soon be installed the chapel.
Accompanying the casket has arrived Dimas Gimeno, executive managing director of the business group and nephew Isidoro Álvarez , and a few minutes before had Manuel Pizarro, recently appointed deputy presidential El Corte Inglés.
The chapel of Isidoro Alvarez, died today after being admitted since Wednesday at the Hospital Universitario Puerta de Hierro, will be installed from 20.00 am to 22.00 pm today and from 10:00 am to 14.00 hours tomorrow.
Rato praised leadership and stresses that Alvarez was a “beloved” person among their employees
The former vice president of government and president of Bankia, Rodrigo Rato, believes that the English Court will remain “the best department store chain in Europe “ and praised the leadership of Isidoro Alvarez, died Sunday at age 79.
Speaking to Canal 24 Horas RTVE by Europa Press, Rato has conveyed his condolences to the family and widow of President of El Corte Ingles, who said he had known for many years and was an “exceptional” person in his personal life and his professional life.
Rodrigo Rato recalled Alvarez relieved in front of El Corte Inglés his uncle, Ramon Areces, “continuing and significantly improving” the work in front of the “first organization in Europe” in sector department store distribution.
The former International Monetary Fund has emerged as one of the keys to his business leadership that is A person “loved by the people who worked with him.” this reason, he added, it is in his opinion a deeply felt to be “a landmark in the life of all Spaniards” loss.
Rato also stressed the “attention” devoted to the Ramón Álvarez Areces Foundation, “a basic institution for the private sector of the arts and other social activities for the benefit of society.”
“Life goes on”, has finally commented Rodrigo Rato, “but I have no doubt that the English Court has a team of quality and remains the best department store chain in Europe” .
President Iberia Alvarez stands as “one of the pioneering entrepreneurs” country
The president of Iberia, Luis Gallego, has called Isidoro Álvarez, who died Sunday in Madrid, as ” one of the pioneering entrepreneurs of this country. ”
“On behalf of Iberia, and myself, I want to give my deepest condolences to the family of Isidoro Álvarez , one of the pioneering entrepreneurs of our country,” was the Gallego message sent by the relatives of the president of the English Court.
He has joined the president of International Airline Group (IAG), Antonio Vazquez, who has also featured in a post that Alvarez is “certainly” one of the “most important” Spanish businessmen.
Alvarez betting on innovation and quality to overcome difficulties
The President of El Corte Inglés, Isidoro Alvarez, was a businessman very concerned about the quality and innovation as factors the business group did face the challenges the future.
In his last speech to the shareholders meeting in late August, Isidoro Alvarez showed that there are still difficulties, but he was confident that can be overcome “with dedication, a dynamic and competitive offer, with careful attention to the customer and to the identification of our group with quality. ”
also argued for overcoming these obstacles with an emphasis on improving service, choice, innovation, efficiency and warranty.
forwarded to shareholders Alvarez El Corte Ingles is a company “with ability to face the future, year to year, has increased its heritage, has retained its market share and has a high fidelity their customers. ”
In his opinion, the initiatives launched, developed or completed in the last year show that El Corte Ingles is a dynamic, creative, able to innovate and cope with imagination and effort now needs of its customers.
Manuel Pizarro, a mainstay for the management of the English Court
The last meeting of shareholders of the English Court approved the addition to the management team of the organization of Manuel Pizarro, with the intention to take care of financial policy.
Isidoro Álvarez has died from “an unexpected heart attack” derived from respiratory failure
The President of El Corte Inglés, Isidoro Alvarez, has died at the age of 79 because of “a heart attack insperada” derived from respiratory failure for which he was admitted last Wednesday, the 10th, as reported by the company.
The chapel with the remains of the President of El Corte Inglés will be installed in the Ramón Areces Foundation Sunday, 20.00 to 22.00, and tomorrow, Monday, from 10.00 to 14.00.
The president of distribution giant has passed away early in the afternoon on Sunday at the Hospital Door Hierro in Madrid after receiving the sacraments.
The chapel Isidoro Álvarez be installed at Fundación Ramón Areces
The chapel of the late president of the English Court Isidoro Álvarez will be installed along this afternoon Madrid at the Ramón Areces Foundation in the street Vitruvius number 5 , the company reported in a statement.
Isidoro Álvarez has died early this afternoon after he was hospitalized on Wednesday affected by respiratory failure.
Alvarez, 79, entered the University Hospital Puerta de Hierro in Madrid suffering from respiratory failure and until last Friday seemed that his health had evolved favorably.
Cifuentes highlights ” thousands of jobs, “ Alvarez generated in Spain
The Government delegate in Madrid, Cristina Cifuentes, lamented death, on Sunday, the president of El Corte Inglés, Isidoro Alvarez which stressed that “created thousands of jobs in Spain”.
Through his Twitter account, Cifuentes has sent his condolences to the bereaved family, which has been defined as a “great entrepreneur.”
Esperanza Aguirre highlights the work of Alvarez to make El Corte Inglés “a world leader in trade”
The president of the PP in Madrid, Esperanza Aguirre has sent his “deepest condolences” to the “family, friends and employees,” the president of El Corte Inglés, Isidoro Alvarez, after his death on Sunday.
Through a message on his Twitter account, Aguirre has highlighted the work of Alvarez to “El Corte Inglés trade a world leader.”
Cospedal sent to the widow of Isidoro Álvarez his “deepest condolences”
The president of Castilla-La Mancha, María Dolores de Cospedal, sent a telegram to the widow of the president of El Corte Inglés, Isidoro Alvarez, transmitting “these sad moments and a very special memory” his “deepest condolences for the death of her husband.”
In the letter, Cospedal asks the widow to convey to her daughters and all his family their condolences and words of encouragement, “along with a big hug, to overcome this painful time.”
Isidoro Alvarez died Sunday at age 79, in the Hospital Puerta de Hierro in Madrid.
Wert “Isidoro Álvarez was a key figure of the brand Spain”
The Minister of Education, Culture and Sport Jose Ignacio Wert, lamented the death of Isidoro Alvarez, president of El Corte Ingles, who He stressed that there was a fundamental figure in “brand Spain”.
In a press release, Wert has stated that although Alvarez “always kept discreetly in the background,” has been “one of the most respected Spanish entrepreneurs around the world.”
“Perhaps less known is the facet patronage , through the Ramón Areces Foundation. Ramón Areces, Isidoro uncle and founder of ‘El Corte Inglés’ -HA added – gives name to that oriented institution since its establishment in 1976, the scientific patronage, by promoting research, contribution to the generation of human capital and the diffusion of knowledge. ”
In this way, for the Minister of Education, Culture and Sports, the Spaniard entrepreneur has also contributed to “create a scientific and technological structure in Spain” to “create new opportunities for training young researchers “and to promote” the development of Science, Education and Culture “.
Dimas Gimeno, natural substitute in the family
All indications are that Isidoro Álvarez’s successor as president of the English Court will be his nephew, Gimeno Dimas.
At only 40 years old has more than two decades in the business, where he has held various positions, starting as a laborer store.
At the last meeting of shareholders was named executive director for the firm.
De Guindos moves his condolences to the family and employees of El Corte Ingles
The Minister of Economy and Competitiveness Luis de Guindos, has moved its condolences to the family and employees of The English Court after the death of company president, Isidoro Alvarez.
De Guindos has highlighted, through a statement, Alvarez figure, which he described as “one of the great entrepreneurs of our country.”
A reserved and discreet man
Isidoro Álvarez was the third president as head of the family business. Died today, at age 79, was a quiet and extremely discreet man; are counted public appearances, never gave an interview.
A lifetime dedicated to El Corte Ingles
Isidoro Álvarez was considered one of the great Spanish experts in commercial distribution.
Born in Borondes, Asturias (Spain) in 1935, was graduated in Economics at the Complutense University since 1957
Linked lifetime to company founded by his uncle, businessman Ramon Areces, Isidoro Alvarez El Corte Ingles did a world leader in the sector of trade.
Isidoro Álvarez joined the Spanish department store chain for 18 years and in 1959 was appointed director of the company and Induyco subsidiary company engaged in textiles.
In 1966 he was appointed general manager and vice president of Móstoles Industrial, a company that markets the brand furniture Forlady.
After the death of Ramón Areces, the August 2, 1989 he was appointed chairman of the English Court by the board of directors, a decision ratified by the General Meeting of shareholders on 27 August of that year.
During his expansion of the main group of Spanish distribution business through diversification in supermarkets, travel agencies, insurance companies and consolidated technology services.
Among his contributions include supermarket division, and Supercor Opencor, which complement the Hipercor hypermarkets, youth fashion chain Sfera and the acquisition of its main competitor, Atlantico Department in 1995
Dies at 79 the president of El Corte Inglés, Isidoro Alvarez
President of El Corte Inglés, Isidoro Alvarez, died this afternoon after he was admitted to the hospital Puerta de Hierro on Wednesday affected by respiratory failure.
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