Zara, Santander and BBVA, among the world¡¯s most-valuable brands
Three Spanish firms make it into the ¡®Forbes¡¯ list, dominated by technology giants this year
Three Spanish companies have made it into Forbes¡¯ latest ranking of The World¡¯s Most Valuable Brands.
Fashion retailer Zara ranked 53rd, while banking groups Santander and BBVA were listed as 72nd and 94th, respectively.
Ortega is a regular presence on the Forbes lists, where he ranks as the second wealthiest man on the planet
According to Forbes, Spain¡¯s most valued brand is Zara, with an estimated brand value of $10.7 billion (€9.38 million), a 13% rise on last year¡¯s list.
Zara is the flagship brand of the Inditex textile empire founded by the Galician entrepreneur Amancio Ortega ¨C whose employees recently surprised him with a high-profile birthday party.
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Ortega is a regular presence on the Forbes lists, where he ranks as the second-wealthiest man on the planet.
The Santander group shows up considerably lower on a list that features a lot more technology and consumer brands than banks. Forbes estimates the Santander brand value at $8 billion (over €7 billion), a 5% annual rise.
The second Spanish lender on the list, BBVA, has posted significant growth, expanding 13% to reach a brand value of $6.8 billion (€5.9 billion), which puts it ahead of names such as Philips and Prada.
Apple is currently the world¡¯s most valuable brand, followed by Google, Microsoft, Coca-Cola and Facebook.
English version by Susana Urra.
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