Masaria Investments
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Masaria Investments

Tendam Brands S.A.U. is the holding company of Tendam. Originally founded in 1880, nowadays is one of Europe’s leading fashion names operating in the specialised chain store segment.

The group has five brands: Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty.

Each brand has its own design team and sales and management network.

Tendam operates through directly operated stores, e-commerce and franchises. It is present in more than 80 countries and has almost 2,000 points of sale.

News

 

news

29

July

Published at 11:27 am

Tendam’s online sales grow by 54% in the first quarter of financial year 2020/21 and positively offset drop in total revenues

In the first quarter of the financial year – which coincided with the Covid-19 lockdown period of March, April and May – online sales grew by 54% to represent 44% of total sales in Spain. Total revenues were down by 76.2% versus the first quarter of financial year 2019/20. Physical stores were closed throughout practically […]

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news

25

June

Published at 8:22 am

Tendam’s total sales grew by 3.2% to 1.19 billion euros and adjusted EBITDA stood at 162 million euros in financial year 2019/20

Tendam’s revenues were buoyed by impressive fourth quarter growth (+6.4%) and consistent quarter-on-quarter improvement over the course of the year. All group brands reported growth in like-for-like sales. Online sales increased by 28% to represent almost 10% of total sales in Spain in 2019. Tendam expects to triple its digital business over the next three […]

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news

11

May

Published at 4:42 pm

Banks back Tendam’s plan with €132.5 million

Financing has been provided by Banco Santander, the Official Credit Institute (ICO), BBVA, CaixaBank, Société Générale, Bankia, Banco Sabadell and Crédit Agricole, and will help to protect the liquidity of the Group and provide a larger safety net for the management of the business within the context of Covid-19. In February Tendam closed its financial […]

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