Alexander Mattschull becomes Co-CEO of Takko Fashion

Discount retailer Takko Fashion has announced that its managing director Alexander Mattschull is appointed as Co-CEO with immediate effect and Karl-Heinz-Holland, former CEO of the Lidl Group, is now a new member of the company’s advisory board and will take over the position of Chairman.

The company said in a statement that Mattschull has been instrumental in shaping the success story of Takko Fashion during recent years. Since 2004, he has been responsible for building all of the company's foreign offices, including in India, China and Bangladesh.

Since 2005 Mattschull has been one of the four managing directors at Takko Fashion responsible for the product management, quality control, sourcing and planning and allocation. From June 1, the company added, he will also be responsible for human resources function.

Karl-Heinz Holland joins Takko’s advisory board

"With Karl-Heinz-Holland we gain absolute expertise in our advisory board in order to further focus on our strategic orientation and to continue writing the success story of Takko Fashion," said Takko Fashion’s CEO Arnold Mattschull in a statement.

From 2008 to 2014, Karl-Heinz Holland was CEO of the international food discounter Lidl. The independent management consultant is currently also a member of the supervisory boards of several large, international companies such as L1 Retail LLP, Zooplus AG and DSD-Duales System Holding.

Picture credit:Alexander Mattschull via Takko Fashion