The César González-Bueno's resignation His appointment as CEO of Banc Sabadell, just after successfully avoiding a takeover bid from BBVA, took everyone by surprise. "It was now or in a year, and now was a good time because nobody expected it; therefore, we left no room for speculation," the executive said, satisfied, at a press conference this Friday. This change has marked the week of executive reshuffles, but Desigual is also losing one of its key figures, and Deloitte Spain will have a new president in June. These are the most notable appointments of the week:

Desigual confirms its return to profitability. The Catalan fashion brand closed 2024 with a profit of €313,331, after suffering losses of €61.4 million in the previous year, as reported by Modaes on Thursday and confirmed by the Catalan Association of Companies (ARA) through accounts filed with the Mercantile Registry. This improvement is mainly due to restructuring, cost adjustments, and provisions that had significantly impacted its recent results. In 2022, profits were €3 million.

Gemma Molner and her sister are the third generation of a small line of shopkeepers. Their grandparents opened their doors, and today the family business – Xarol fashion stores – has two stores in Tarragona and Reus. However, she has long observed how her customers' consumption habits are changing at a dizzying pace. "Online sales are here to stay. Since Covid, they haven't stopped growing," says the Reus-born businesswoman, who is also a member of the trade committee of the Pimec employers' association in Tarragona and represents the El Tomb trade association in the capital of Baix Camp.

"I never would have thought I'd end up carrying Desigual." By printing it on a basic white T-shirt, the Catalan fashion chain has turned this phrase, which might seem like a criticism, into the banner of its transformation. The company founded by Swiss entrepreneur Thomas Meyer in Barcelona has experienced a turbulent decade of economic decline since its peak in 2014, when it had revenues of almost €1 billion and a network of 526 stores worldwide. Ten years later, Desigual is a smaller brand—in 2024, it had revenues of €332 million, a third of its peak—and with practically half the number of stores (it now has 282), which has pivoted to try to adapt to the tastes of younger customers and return to profitability.

Catalan fashion company Desigual will be the first in the sector in Spain to implement a four-day working week (Monday to Thursday) and have three days off at its headquarters located in Barcelona. In exchange, workers will take a 6.5% pay cut. The measure has been approved by 86% of workers on Thursday in a vote that was carried out at its headquarters. To approve the measure, the company – which last year saw its turnover plummet by 39% and closed the year with losses of €83m – had stipulated that it would require the consensus of at least two thirds of the workforce.