Max Nutz, Inditex’s UK and Ireland Managing Director, has resigned after 25 years.
- His role will be filled by Pilar Losada, who previously led Inditex’s Australia and New Zealand operations.
- Nutz began his career with Inditex in 1999, occupying senior roles, and became UK and Ireland Managing Director in 2018.
- Losada, joining Inditex in 2010, has gained diverse experience, including managing Central China prior to her Australian tenure.
- Inditex recently announced a 10% profit increase, with significant sales growth across key brands.
After a long and distinguished career at Inditex, Max Nutz has decided to step down from his position as the Managing Director for the UK and Ireland. His departure marks the end of a tenure that began in 1999, during which he has held numerous high-ranking international roles within the company. Since May 2018, Nutz has been instrumental in steering the UK and Ireland operations.
The transition in leadership will see Pilar Losada assume the role of Managing Director for the UK and Ireland. Previously overseeing the Australia and New Zealand markets, Losada brings extensive experience to her new position. Her journey with Inditex began in 2010, and has included key roles such as the Managing Director of Central China, which emphasises her capability in handling diverse markets.
The shift in management coincides with Inditex’s recent financial performance report, which revealed a robust 10% surge in profits. This growth has been driven by increased sales across all its brands, notably Zara, Stradivarius, Bershka, and Massimo Dutti. Zara, the company’s flagship brand, reported a 5.4% year-on-year sales increase, underlining its continued dominance in the market.
The leadership transition at Inditex UK heralds a new chapter amid solid fiscal performance.
