Adolfo Domínguez ceases Antonio Puente as CEO and inditex file to his new common director | Companies | EUROtoday

The Board of Directors of Adolfo Domínguez has agreed to Cesar Antonio Puente as CEO of the Company, as reported on Thursday the Spanish vogue agency to the National Securities Market Commission (CNMV).

“As a consequence of the above, Antonio Puente has presented his resignation as advisor to the company with immediate effects,” stated the corporate, which thanked bridge for the companies offered for the agency and its dedication to the transformation of it within the final eight years.

The present government president of the corporate, Adriana Domínguez, will assume the totality of the features of CEO that till now shared with Antonio Puente.

“Adolfo Domínguez begins a new stage to reimprorate its operation, while continuing to reinforce its brand positioning globally,” stated the corporate, which this Thursday has additionally introduced its quarterly outcomes. Precisely, in that press convention to elucidate the accounts, the president wished to spotlight the work of the CEO: “Antonio has been a key piece in the transformation of the company. We started a second part of our transformation. I was already CEO and I will continue to be, there is no change of structure. We are very excited to incorporate the incorporation of the new CEO: they are fresh ideas, new vision. Closed with Antonio an era in which we ended benefits.

The firm has appointed Íñigo de Llano as the new general director to direct the daily management of the company. De Llano has more than two decades of experience in the textile sector as part of the Inditex Group.

In the group founded by Amancio Ortega, De Llano has held the positions of business director in the United States, Australia, the United Kingdom and Ireland. Before his arrival in Adolfo Domínguez, he served as an international director of Inditex in Europe.

Results and forecasts

On the other hand, Adolfo Domínguez registered a net profit of 900,000 euros in his last fiscal prosecutor (2024-February 2025), a figure that exceeds 24.4% that of the previous year and with which the billing of the company that presides over Adriana Domínguez increased 7.8% in the year, up to 136.5 million euros, “the highest in the last decade,” Outstanding the corporate.

Rubén Martín, monetary company director of the agency, has summarized the accounts: “We close the year in positive despite the geopolitical challenges. The increase in logistics costs have impacted our margins. We made brand replacement. There was greater air transport, for the southern Cone of Africa, but we have taken the appropriate actions to reduce these costs to a minimum.” The president, Adriana Domínguez, riveted: “We are a resilient brand.”

As an instance, in Spain the agency emphasizes that it grows 8.3 factors above the style market, though it follows the traits and fluctuations of the remainder of the sector. Rubén Martín sees “little significant” the affect of tariffs. Therefore, in Spain they are going to give attention to transforming of shops and relocations, since they’ve a really broad community.

Europe continues to be the principle market market, with Spain and Portugal on the head and a development of its billing of 8% and 24% respectively, within the final fiscal yr. The agency opened 25 new shops in its final fiscal yr, 43% of them in Europe.

The enterprise on-line Global group elevated by 25.4% and the gross exploitation outcome (EBITDA) stood at 16.9 million euros, 2.6% under that obtained within the earlier yr, in accordance with EP.