Inditex to Name New UK and Ireland Managing Director

Inditex to Name New UK and Ireland Managing Director

Pilar Losada expected to succeed Max Nutz, leading operations in competitive market

Key Takeaways:

  • Inditex, the parent company of Zara, is expected to appoint Pilar Losada as the new Managing Director for the UK and Ireland, replacing Max Nutz.
  • Max Nutz, who held the position for 25 years, oversaw Inditex’s expansion and navigated the business through the pandemic.
  • Losada, currently responsible for Australia and New Zealand, has previously managed Inditex’s operations in China.
  • Losada’s appointment comes amid strong competition in the UK and Irish markets from retailers like Next, M&S, and Mango, as well as online fashion brands.

Inditex, the global fashion retailer and parent company of Zara, is preparing to appoint Pilar Losada as the new Managing Director for its UK and Ireland operations. Losada, who currently oversees Inditex’s Australia and New Zealand businesses, is expected to succeed Max Nutz, who is stepping down after 25 years with the company. The news, reported by Retail Week, has yet to be officially confirmed by Inditex.

Max Nutz, who took on the role of Managing Director for the UK and Ireland in 2018, navigated the company through the challenging period of the Covid-19 pandemic and led efforts to expand Inditex’s presence in the region. His tenure also included the UK being chosen as the test market for Zara’s entry into the resale market.

Pilar Losada has been with Inditex since 2010, managing operations in China before her move to Australia and New Zealand. Her upcoming role in the UK and Ireland will place her in a highly competitive retail landscape. Major players such as Next and Marks & Spencer have been performing well, while Mango has expanded its store footprint. Additionally, reports suggest that the online fashion market is once again growing, benefitting Inditex but also intensifying competition with digital fashion retailers.

The change in leadership reflects Inditex’s ongoing efforts to adapt and thrive in key global markets as it continues to evolve in response to industry shifts.