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Business

Latest Business news and updates about Spain.

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business

Paquita Ors, Pioneering Pharmacist and Cosmetics Revolutionary, Passes Away

In a poignant moment for Spain and the world of cosmetics, Paquita Ors, a trailblazing pharmacist and entrepreneur, has passed away. Her legacy, marked by innovation and a relentless pursuit of excellence, has left an indelible mark on the Spanish cosmetics industry.

A Life of Innovation

Born in the early 20th century, Paquita Ors embarked on a journey that would redefine the boundaries of cosmetics in Spain. With a background in pharmacy, Ors leveraged her knowledge to create products that were not only effective but also accessible to the masses. Her entrepreneurial spirit and commitment to quality led to the establishment of a cosmetics empire that would become a household name.

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business

TikTok's Ambitious Plans for 2025: Navigating Growth and Potential Challenges in Spain

As the world steps into 2025, TikTok is gearing up for a significant year, particularly in Spain, where the platform has just officially launched its e-commerce arm, TikTok Shop. This move is part of a broader strategy to reshape the future of e-commerce and social commerce globally.

Launch of TikTok Shop in Spain

TikTok Shop marked the end of 2024 with its official launch in Spain, a milestone announced by Marta Gil Cáceres, Head of Fashion and Home & Living at TikTok Shop. In a LinkedIn post, Cáceres emphasized that TikTok Shop is more than just an e-commerce platform; it is a space where creators, brands, and shoppers come together to redefine product discovery and enjoyment.

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business

Commercial Agents of Security Company Accused of Unauthorized Charges Deny Allegations, Cite Corporate Strategy

In a developing story that has sparked significant concern among the business community in Cantabria, Spain, several commercial agents of a security company have been accused of making unauthorized charges to clients. The agents, who have been identified but not named in the public reports, have vehemently denied the allegations, attributing the actions to a broader corporate strategy.

The Allegations

The accusations surfaced in recent weeks, with multiple clients coming forward to report that they had been charged for services they did not request or receive. The complaints allege that these unauthorized charges were made without the clients' knowledge or consent, leading to financial losses and a loss of trust in the company.

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business

Isak Andic, Founder of Fashion Brand Mango, Dies in Tragic Accident

Isak Andic, the visionary founder of the Spanish fashion brand Mango, passed away on Saturday, December 14, 2024, in a tragic accident that has sent shockwaves through the fashion industry and beyond.

A Life of Vision and Achievement

Born in Istanbul, Turkey, Andic moved to Catalonia in the 1960s and went on to establish Mango in 1984. The first store opened on the iconic Paseo de Gracia in Barcelona, marking the beginning of a fashion empire that would eventually span over 120 markets worldwide, boasting nearly 2,800 stores and a strong online presence.

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business

Telefónica Ousts Executive Chairman José María Álvarez-Pallete, Appoints Marc Murtra as Successor

In a dramatic and unexpected move, Telefónica, one of Spain's largest telecommunications companies, has removed its Executive Chairman and CEO, José María Álvarez-Pallete, from his position. This decision was made during a recent board meeting, marking a significant shift in the company's leadership.

The Sudden Departure of Álvarez-Pallete

Álvarez-Pallete, who had been at the helm of Telefónica since 2016, was forced out in what appears to be a boardroom coup orchestrated by the Spanish state. This sudden change is likely to have significant implications for the company and may be met with skepticism by financial markets.

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business

New Asian Supermarket Opens in Galicia, Offering Exclusive Products

In a significant development for the expat and local communities in Galicia, a new Asian supermarket has recently opened its doors, bringing a diverse array of exclusive products to the region.

Location and Grand Opening

The supermarket, located in the heart of Galicia, officially opened on January 19, 2025. This new addition is set to become a hub for those seeking authentic Asian ingredients and products that were previously hard to find in the area.

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