fifty news and archive

Tendam's Q1 sales decline by 76.2 percent

Tendam Brands, the parent company of the Tendam Group, operating in the specialised chain store segment through the brands Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty, has said that the first quarter reporting period coincided with the peak of the Covid-19 pandemic, with practically all stores fully closed in most of the...

Business

Tendam Brands annual turnover increases by 3.2 percent

Tendam Brands, operating in the specialised chain segment through the brands Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty, said that its revenues increased by 3.2 percent to 1.19 billion euros (1.34 billion dollars). The company said in a statement that all Tendam brands posted like-for-like sales growth, and footfall at...

People

Tendam CEO becomes executive chairman

The board of directors of Tendam Brands, the parent company of Spanish clothing group Tendam, which owns brands Cortefiel, Pedro del Hierro, Springfield, Women'secret and Fifty, has appointed CEO Jaume Miquel as executive chairman of the company. Miquel has been CEO of Tendam since 2016, a responsibility that he will combine with the new...

Fashion |INTERVIEW Featured

Tendam on its name change, omnichannel strategy and future plans

Amsterdam - It’s been just over a year since European fashion retailer Tendam, formerly known as Grupo Cortefiel, announced a change of name as part of the group’s ongoing strategic plan to address the future challenges of internationalisation, growth and digitisation. In the past two years, since the announcement of its restructuring plans, the...