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.






Published at 3:24 pm

Tendam appoints Mar Oña as Director of Legal Services and Secretary of the Board of Directors

As the new Director of Legal Services, Oña will also sit on the Management Committee and report directly to the CEO. She will also take up the role of non-member Secretary of the Board. Mar Oña has 15 years’ experience in senior management roles in different firms within the legal sector. Her previous employers include […]

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Published at 11:11 am

Tendam: Q1 2018/19 results

Gross margin and operating costs continue to improve in the period March-May 2018. As of May 2018, stocks are down 3.5% year-on-year. E-commerce is up 21.5%. The store network registered a net variation of +15 new points of sale in the quarter. Adjusted EBITDA for the last 12 months amounts to €165.6 million versus €141.1 […]

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Published at 2:51 pm

Tendam: results for the 2017/18 financial year

Total income reached 1,154.7 million euros, up 2.4%. Adjusted EBITDA grew by 48% to 170 million euros. Tendam’s online business – which has now overtaken the physical stores in terms of profitability – grew by 26%. Gross margin has improved by 3.4 percentage points. The Tendam brands’ loyalty programmes now have in excess of 22 […]

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