Tendam Global Fashion Retail
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Tendam Global Fashion Retail

News

2018

29

October

Tendam posts profit growth to €39 million for the first half of its 2018/2019 financial year

The company has posted pre-tax profit of €38.9 million, versus losses of €272,200 for the same period last year. Total sales reached €554.4 million. Online sales grew by 27% to represent 7% of total sales in the Iberian region. The gross margin now stands at 62% and has remained steady above the 60% threshold. Tendam […]

2018

26

October

New York, Los Angeles and Singapore crowned the ‘hottest’ cities for fashion

Two Spanish cities feature among the world’s top 100 retail cities: Barcelona is ranked 29th, while Madrid sits in 36th The Hot Retail Cities report provides an inaugural list of the world’s 100 most attractive cities for retail based on around 50 criteria measuring their economic, commercial, political and cultural landscapes. Fostered by Tendam and […]

2018

16

October

Women’secret creates the #SIMEIMPORTA movement to help those who have suffered breast cancer.

The brand launches the collection of solidarity panties # SÍMEIMPORTA, from which all the benefits will go to the Program of Preservation of fertility in oncological patients of the Dexeus Mujer Foundation. Women’secret launches a collection of solidarity panties within the brand’s commitment to support women in the fight against cancer. This collection is another […]

2018

05

October

Merino Traveller, a fashion project that adds design, renewable raw material and training for employment

A training initiative born of the collaboration between The Woolmark Company, Pedro del Hierro and IED Madrid The event held at the Istituto Europeo di Design yesterday,  Julie-Anne Guivarra, Australia ambassador in Spain with the IED International Trends Unit manager Marisa Santamaría, the IED Fashion School manager Elena Vilabrille, Pedro del Hierro creative director Nacho […]

2018

12

September

Women’secret opens a new store in Paris. The lingerie brand is growing in rue Montmartre

Women’secret, the lingerie and intimate apparel brand of Tendam (formerly Grupo Cortefiel), is introducing its new store on Rue Montmartre, the central Parisian neighbourhood. Women’secret is continuing its international expansion plan and is opening a store in the capital of France again, a country where it will continue with more openings throughout the year.   […]

2018

07

September

Springfield launches R[ECO]NSIDER

The brand’s first sustainability project based on the use of organic fibres and sustainable technologies in denim finishing processes Springfield, Tendam’s casualwear fashion brand, is launching the R[ECO]NSIDER project, its first collection of sustainable garments. This project focuses on two initiatives related to the use of organic fibres and denim finishing processes. The first one […]

2018

06

September

Tendam appoints Mar Oña as Director of Legal Services and Secretary of the Board of Directors

As the new Director of Legal Services, Oña will also sit on the Management Committee and report directly to the CEO. She will also take up the role of non-member Secretary of the Board. Mar Oña has 15 years’ experience in senior management roles in different firms within the legal sector. Her previous employers include […]

2018

26

July

Tendam: Q1 2018/19 results

Gross margin and operating costs continue to improve in the period March-May 2018. As of May 2018, stocks are down 3.5% year-on-year. E-commerce is up 21.5%. The store network registered a net variation of +15 new points of sale in the quarter. Adjusted EBITDA for the last 12 months amounts to €165.6 million versus €141.1 […]

2018

17

July

Tendam opens its first stores in Iraq

The Spanish group makes it debut in the Iraqi market with Cortefiel, Springfield and Women’secret which are opening their stores in Baghdad Tendam launches its first Cortefiel, Springfield and Women’secret stores in Baghdad. The stores are opening in Al Mansour Mall, one of the largest shopping and leisure centres in the capital with the longest […]

2018

10

July

Pedro del Hierro returns to present its new autumn/winter 2018 collection at Mercedes Benz Fashion Week Madrid

Ana Boyer, Fernando Verdasco, Eugenia Silva, Inés Sastre, Inma Cuesta, Boris Izaguirre, Miguel Carrizo, Alex Rivière, Paula Ordovás, Manuel Ordovás, Silvia Zamora, Alberto Ortiz, Javier Rey and Raquel Sánchez Silva came out to express their support for the fashion firm at an emotional evening, with a runway show that  featured models such as Carmen Kass and Blanca Padilla. […]

2018

09

July

Women’secret award for Business Innovation during the 11th edition of the

Things That Do Matter has won an award at the 11th edition of the Cinco Días Awards for Business Innovation. It was awarded last night during a gala that was attended by the new Minister of Science, Innovation and Universities, Pedro Duque. The aim of THINGS THAT DO MATTER is to normalise the disease and […]

2018

06

July

Women’secret supports with a donation Dexeus Foundation Women’s fertility preservation program

The solidarity initiative promoted by the two entities Women’secret and Fundación Dexeus Mujer, Cosas Que Sí Importan (THINGS THAT MATTER) donates to the Fundación Dexeus Mujer € 44,000 of the profits made on sales of its range of the post-surgery bras collection, Post-Surgery Bra ( PSB). These bras are designed with the advice of experts […]

2018

27

June

Tendam: results for the 2017/18 financial year

Total income reached 1,154.7 million euros, up 2.4%. Adjusted EBITDA grew by 48% to 170 million euros. Tendam’s online business – which has now overtaken the physical stores in terms of profitability – grew by 26%. Gross margin has improved by 3.4 percentage points. The Tendam brands’ loyalty programmes now have in excess of 22 […]

2018

10

May

Tendam signs agreement with the Universidad Politécnica de Madrid to promote sustainable fashion design

Under the terms of the agreement, the Tendam Classroom – Advanced Fashion Design Centre for Sustainability, Responsibility, and Innovation in Fashion Design will be created Tendam, the retail company that includes the brands Cortefiel, Pedro del Hierro, Women’secret, Springfield and Fifty, and the Universidad Politécnica de Madrid (UPM) announced the signing of an agreement to […]

2018

08

May

Tendam triumphs at XII World Retail Awards

Tendam – the group encompassing Cortefiel, Pedro del Hierro, Women’secret, Springfield y Fifty – takes home the ‘Retail Transformation and Re-invention’ prize at the sector’s annual global awards ceremony.   The achievement affirms the company’s positive progress amid an ambitious transformation plan which reached a significant milestone this week with the launch of a new […]

2018

17

April

Grupo Cortefiel is renamed Tendam

Tendam is the new corporate name that encompasses the Cortefiel, Pedro del Hierro, Women’secret, Springfield and Fifty retail brands

Tendam allows Grupo Cortefiel to grow as a company and enhances its value as an organisation specialised in operating brands in the premium mass market segment

2018

22

February

Marc Calabia Is Appointed Managing Director Of Springfield

Marc Calabia has over 20 years’ experience in senior management roles in the sector and will lead the future development of the company’s youngest, most urban brand.

2018

06

February

Grupo Cortefiel improves adjusted EBITDA by 81,7% to reach 111 million euros

Total income stood at 810.3 million euros, up by almost 4%

2018

31

January

Women’secret opens a store in Catania

A new space in Sicily ads to a year of international expansion for the brand.

2018

11

January

Tendam Hires Pedro Esquivias as Chief Customer Oficcer

The Chief Customer Officer, a newly created position within the Group, will sit on the Management Committee and reporting to the CEO.

2018

02

January

Cortefiel Brand continues its expansion with new opening in Latin America, Middel East an North America

The brand expands through Algeria, Lebanon, Jordan, Pakistan, Chile, Peru and Guatemala

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