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, Dash and Stars, OOTO 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 12:52 pm

Tendam increases recurring EBITDA by 12.6% and total sales by 5.7% in Q3 2023/24

Tendam grew its recurring EBITDA by 9.4% and total sales by 5.2% in the first nine months of the financial year From March to November 2023, EBIT rose by 31.4% year on year Positive sales and profitability across all channels, formats and regions endorse the outstanding operational performance of the company’s omnichannel ecosystem The initiatives […]

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Published at 9:32 am

Tendam grows EDITDA by 8.2% to €151 million in the first half of its financial year 2023-24

In the first half of financial year 2023-24, total revenues were up 5% to €606.2 million and like-for-like sales grew by +6.2%. The company’s new strategic initiatives, new own brands and multi-brand platform doubled their contribution, delivering 32.5% of Tendam’s net growth over the period. Gross margin was up by 1 percentage point thanks to […]

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Published at 4:46 pm

S&P Global and Moody’s both upgrade outlook on Tendam’s rating

The two reports, issued simultaneously, both revise the outlook on Tendam’s rating from stable to positive These upgrades recognise the resilience of Tendam’s results in a volatile environment, its omni-channel strategy and its commitment to reducing debt, among other factors The rating agencies S&P Global and Moody’s have both upgraded the outlook on the rating […]

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