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 11:36 am

Tendam beats expectations in the first half of 2021 growing sales by 65% and recovering pre-pandemic levels a year early

The company’s first half results reflect outstanding profit growth. Adjusted EBITDA for the first half stands at €131.5m, hitting 95% of the figure for 2019 and climbing €80.1m versus H1 2020, after rising for the fifth consecutive month. With sales of €515m in the first half of the 2021/22 financial year, up 64.9% versus H1 […]

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Published at 11:38 am

Tendam quadruples its sales in the first quarter of its 2021/22 financial year

In the first quarter of the 2021/22 financial year, the company posted sales of 197.9 million euros, up 280% versus Q1 2020 and recovering to 90.4% of 2019 sales. Like-for-like sales were up by 32.6%. Digital sales continued to enjoy robust growth, climbing by 40% versus 2020 and standing at +90.7% versus 2019. The first […]

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Published at 9:56 am

Tendam posted a 34.5% drop in sales in 2020, with record levels of cash and positive adjusted EBITDA of €145.8 million. A strong Q1 recovery is underway

Tendam posted sales of €777.2 million and adjusted EBITDA of €145.8 million in a financial year that was overshadowed by the pandemic. Total online sales climbed 58.9%, accounting for 20.5% of all sales in Spain. Tendam achieved its core goals outlined at the onset of the public health crisis: to protect its people and business, […]

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