The possible successor as head of Isidoro Álvarez El Corte Ingles , his nephew Dimas Gimeno Alvarez, represents the fourth generation of traders from the Asturian Rodríguez González family.
Ramón Rodríguez, alias the Beniton Ramón and Antonia Gonzalez, were the parents of eight children in the late nineteenth century that could only survive in the field and the only alternative was to emigrate, to the Americas. One of them, Caesar, the precursor of the English Court, dared to cross the pond.
He did well and became a billionaire in Cuba and the United States. He caught the crack of the New York Stock Exchange in 1929, but positive, and won a lot of money. In Havana he owned some major stores, known for El Encanto. This shop is where it started to work with his nephew Ramón Areces 16 years before its passage by the United States and Canada, where he studied and gained experience in the trade.
Ramon was the son of Carlos Areces, who first married a sister of Caesar, Balbina, and widowed, with a second, Jesusa, with whom he had five children.
Caesar, who was childless, and his nephew Ramón, back to Spain, purchased two years before the outbreak of the Civil War a modest tailoring , which had been founded in 1980 The current definitive source Corte Ingles.
was created by S. L. in 1940 with a registered capital of one million pesetas, which put Caesar, and another goal by Ramon with a loan from his uncle. Shortly after expanding business and transfer to the street price of the local Barcelona shape exploding Stores The Eagle Cesar Rodriguez took the majority of the shares.
This is when he began the rise of these department stores, located just opposite another big trade, Atlantico Department, which had been founded by Pepin Fernandez, another Spaniard who had also done the Americas. Precisely, Pepin was cousin of César Rodríguez, as the son of Mary of Beniton, sister of Ramon, the origin of the family tree of the lineage of leaders of the English Court. The two department stores competed for many years, but Atlantico Department finally ended in the hands of José María Ruiz Mateos in the empire Bee . After the expropriation of RUMASA, and its subsequent privatization, El Corte Ingles, and Isidoro Álvarez front, in 1995 acquired the assets of paintings by some 30,000 million pesetas.
In 1966 César Rodríguez died without offspring. The heir was his nephew Business Ramón Areces, which gave a new impetus to the warehouses to consolidate the rule of the green triangle. To prevent entry of shareholders outside the family or unexpected, I think in 1976 a foundation , which became the largest shareholder in the company with the principals and even interests of employees and some family .
Areces, who married Dolores González, nor had children. However, to continue in office and heritage department stores did not bet on any of its direct nephews, the four sons of his brother Celestino, but Isidoro Álvarez, nephew second, which yesterday also died without descendants.
Just Celestino’s sons led the courts to El Corte Ingles family because they intended to sell shares (0.68%) off the company’s market price. After a first favorable ruling, the case was solved quickly by the courts. They dismissed a petition that had brought them to the brothers Areces Fuentes more than double the price received for the repurchase agreements are made and contained in the statutes that had challenged.
Alvarez, came from the other branch of the Rodriguez had offspring. It was thus the grandson of one of the six daughters of the Beniton Ramon, Genoveva, while Caesar’s sister. He was the son of Dimas Eustaquia Álvarez Álvarez and that in addition to Isidoro, had two more children, César and María Antonia. The latter, from his marriage to Miguel Ángel Gimeno Gimeno Dimas son, nephew laying Isidoro Alvarez seems to have opted to lead henceforth El Corte Inglés.
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