TENDAM news and archive

Tendam returns to profitability in H1

European fashion retailer Tendam, operating through the Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty brands, has reported pre-tax profit of 38.9 million euros (44.2 million dollars), reflecting a significant improvement in the company’s balance sheet versus the first half of 2017/18, when the company posted losses of 272,200...

Report

Tendam reports flat revenue growth in Q1

Tendam having brand names such as Cortefiel, Pedro del Hierro, Springfield, Women'Secret and Fifty under its fold, has announced that recurring EBITDA, calculated on LTM, reached 165.5 million euros (194 million dollars) versus 141.1 million euros (165.3 million dollars) in the same period last year. In the first quarter of 2018/19, EBITDA was...

Report

Tendam posts positive like-for-like sales growth of 4.8 percent

European fashion retailer having brands such as Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty under its fold, has said that total income for the 2017/18 financial year amounted to 1,154.7 million euros (1,349 million dollars), up 2.4 percent on the previous year, despite the closure of non-performing stores. Like-for-like...

News

Tendam supports sustainable design with the Polytechnic University of Madrid

The Spanish company encompassing Cortefiel, Pedro del Hierro, Women'secret, Springfield and Fifty has signed an agreement with the Polytechnic University of Madrid to develop the Tendam Course on Sustainability, Responsibility and Innovation in Fashion Design. Tendam and the Superior Center of Fashion Design in Madrid will establish specific...

Business

Grupo Cortefiel Transforms Into New Name and Structure: Tendam

The Cortefiel Group announces the change of its visual identity to Tendam, as part of the strategic plan initiated almost 24 months ago. Its new identity was presented today during the World Retail Congress which is currently taking place this week in Madrid. Formerly known as Grupo Cortefiel, a leading European retail company, Tandem...