Raúl Ramírez has been appointed as General Manager of Fifty Factory and member of the Management Committee of Tendam. Raúl has an extensive experience in the retail sector, both in Spain and abroad, and has held leading positions in operations and sales in companies such as Multiópticas. He has also worked as Managing Director Operations for Springfield for more than 8 years.

Raúl returns to the group from his role as Chief Operations Officer for Adolfo Domínguez with the aim of reinforcing the leadership of the Fifty Factory chain as an outlet channel so the brand can be developed as an independent one.

Fifty Factory has experienced an strategic growth in the last 5 years that can be attributed to its active online presence and its international expansion.

About Fifty Factory

The multi-brand outlet chain Fifty Factory opened its first store in 1997 and currently has a network of 56 points of sale in Spain, Bosnia and Portugal. Fifty Factory belongs to Grupo Cortefiel, one of Europe’s leading fashion retailers with 2,178 points of sale across 90 countries, through its five brands: Cortefiel, Pedro del Hierro, Springfield, Women’secret and Fifty Factory.