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 eight brands: Women’secret, Springfield, Cortefiel, Pedro del Hierro, Hoss Intropia, Slowlove, High Spirits y 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 1,900 points of sale.






Published at 9:33 am

Moody’s upgrades Tendam’s rating to B1 with stable outlook

The upgrade reflects Tendam’s good operational performance in 2021 and its substantially stronger credit metrics than initially expected, which have recovered to almost pre-pandemic level Credit rating agency Moody’s has announced it is upgrading Tendam — one of Europe’s leading omni-channel groups in the speciality fashion sector — to a B1 with a stable outlook. […]

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Published at 11:28 am

Tendam temporarily suspends operations in Russia

Tendam, one of Europe’s leading omnichannel fashion retailers, has announced today that it is temporarily suspending its operations in Russia. The company closed its Ukraine franchises last week. The company has close to 400 employees in Russian. The decision to temporarily suspend operations will be implemented providing the greatest protection for all employees and partners. […]

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Published at 7:39 pm

S&P Global upgrades Tendam’s rating to B+ with stable outlook

Tendam’s rating is upgraded on the back of its robust recovery and deleveraging. Credit rating agency S&P has announced it is upgrading Tendam — one of Europe’s leading omni-channel groups in the speciality fashion sector — to a B+ with a stable outlook.  According to the S&P press release, Tendam’s results for the first nine months of its […]

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