El Corte Inglés places José María Folache on the Sephora board of directors

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Jan 2023
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What: El Corte Inglés has remodeled its representation on the Sephora board in Spain by appointing José Maria Folache as president of the board of directors for the Sephora Cosméticos España.


Why it is important: Until now, the representation of El Corte Inglés in the company was through the financial director.


Sephora, which operates in Spain through a joint venture with El Corte Inglés, has appointed José María Folache, general director of retail for the group, as president of the board of directors for Sephora Cosméticos España. El Corte Inglés has also incorporated its new director of strategy, corporate development and investees in the department store group, Jaime de la Hera to the board.


The group's presence in the country is widespread, with 120 points of sale


El Corte Inglés places José María Folache on the Sephora board of directors