Divestitures, restructuring: BHV and El Corte Inglés seek a second wind

Featured image of the article Divestitures, restructuring: BHV and El Corte Inglés seek a second wind

An article by Morgane Monteiro et Sophie Baqué

Publication

25 June 2025 à 17h47

Updated on 23 July 2025 à 18h13

Reading time

3 minutes

Publication: 25 June 2025 à 17h47, Updated on 23 July 2025 à 18h13

Reading time: 3 minutes

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An article by Morgane Monteiro et Sophie Baqué

Publication

25 June 2025 à 17h47

Updated on 23 July 2025 à 18h13

Reading time

3 minutes

Publication: 25 June 2025 à 17h47, Updated on 23 July 2025 à 18h13

Reading time: 3 minutes

Share
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In mid-June, El Corte Inglés department stores published annual results for the year ending February 2025. After deciding in April to abolish the executive committee, the retailer reported revenue of €14.79 billio, including €892 million online, up by 2.3% overall. This is the highest level since 2010. Having also reduced debt by €263 million, ECI gross margin ratio reached 33.6% of sales (up 0.7 point) and net margin ratio 3.5% (up 0.2 point). These results were not good enough to convince...

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Article authors
Featured image of the article Morgane Monteiro
Morgane Monteiro Journalist
Featured image of the article Morgane Monteiro

Journaliste économique pour mind Retail depuis 2024, j’analyse la transformation digitale du commerce.

Featured image of the article Sophie Baqué
Sophie Baqué
Featured image of the article Sophie Baqué
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