Tendam Brands, one of Europe’s leading omnichannel fashion retailers and the second largest operator in the spanish market by market share , has today announced the opening of new points of sale in Guatemala and Iraq.
The company is redeeming €110 million in outstanding Notes before maturity. Following the partial redemption in October 2023, this transaction represents the redemption in full of the €300 million issuance of Floating Rate Senior Secured Notes due in 2028 completed in October 2022.
Tendam’s sports brand, Dash and Stars, opens six new points of sale across Europe, Africa and the Middle East. In just two years, Dash and Stars already has 10 enclaves in 4 countries.
TENDAM RETAIL, S.A. Announcement of interim dividend distribution.
Tendam Brands, uno de los principales grupos omnicanal de Europa en el sector de moda especializada y la segunda compañía especializada en el mercado español por cuota de mercado , anuncia hoy sus resultados para el período comprendido entre el 1 de marzo y el 30 de noviembre de 2023, que se corresponde con los nueve primeros meses de su ejercicio fiscal 2023/24.
In the first half of financial year 2023-24, total revenues were up 5% to €606.2 million and like-for-like sales grew by +6.2%
The two reports, issued simultaneously, both revise the outlook on Tendam’s rating from stable to positive These upgrades recognise the resilience of Tendam’s results in a volatile environment, its omni-channel strategy and its commitment to reducing debt, among other factors
The General Ordinary Shareholders' Meeting of Tendam Retail, S.A. (the "Company") has resolved to distribute dividends
El ecosistema, que combina tienda digital con física y analítica avanzada, ha demostrado su capacidad para generar crecimiento y rentabilidad de forma consistente Los resultados confirman la buena ejecución del plan estratégico Tendam 5.0 que dota a la compañía de fundamentales operativos y financieros sólidos para avanzar hacia una nueva etapa de desarrollo Las ventas totales aumentaron en casi 100 millones de euros (+8,8%) hasta alcanzar los 1.211,1 millones de euros en el ejercicio 2022. A superficie comparable las ventas crecieron más de un 10% sobre el ejercicio anterior