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Tendam posts Q1 like-for-like sales growth of 6 percent

In the first quarter, Tendam posted total revenue of 253.8 million euros, up by 4.6 percent year-on-year. Like-for-like revenue increased by 6 percent versus the first quarter of FY2023. Recurring EBITDA for the quarter was 57.1 million euros, up by 10 percent. Commenting on the trading results, Jaume Miquel, chairman of the board of directors...

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Fashion |INTERVIEW

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...

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Retail

Spain’s Tendam (Cortefiel) enters Iraqi market with 3 store openings

Spanish apparel group Tendam is the latest company to bet on the recovery of the Iraqi economy. The company has opened three stores (for brands Cortefiel, Springfield and Women’s Secret) at Baghdad’s Al Mansour shopping mall earlier this week. Launched in 2013, Al Mansour is one of the symbols of a new chapter in the city’s history. Cortefiel,...

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