Tengelmann news and archive

Tengelmann Appoints Former Zalando CFO Sandra Dembeck

Kik parent company Tengelmann Twenty-One KG has appointed Sandra Dembeck as its new Chief Financial Officer (CFO). Dembeck will assume her new role on April 1st, Tengelmann announced Monday on the professional networking platform LinkedIn. Following a transitional period, she will take over from current CFO Ágnes Faragó. Dembeck most recently...

Design

Tengelmann invests 20 million euros in Zalora

German-based retail company Tengelman has invested 20 million euros in Rocket Internet fashion online retailer Zalora. Zalora is dubbed the ‘largest online apparel retailer’ in the Asian-Pacific region, where serves eight markets and stocks over 500 brands. “We are confident that this is a synergistic and promising partnership given both our...