El Corte Inglés named one of the 120 largest family businesses in the world
What: El Corte Inglés has been named among the 120 largest family businesses by the Family Business Index.
Why it is important: The report reveals that the most important family businesses globally grow twice as much as the world's main economies despite moments of uncertainty in the current economic climate.
El Corte Inglés was ranked 117th in the World Family Business Index of the 500 most relevant family businesses globally.
The department store is joined by other Spanish brands including Inditex and Mercadona.
El Corte Inglés named one of the 120 largest family businesses in the world
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