tendam sales increase 43 3 to 1113 4 million euros in 2021

Tendam: sales increase 43.3% to 1113.4 million euros in 2021

Sumary of Tendam: sales increase 43.3% to 1113.4 million euros in 2021:

  • In addition, the new brands launched in 2021 (Hoss Intropia, SlowLove and High Spirits) and the multi-brand omnichannel platform, which already operates with more than 100 brands, recorded positive operating gross profit in their first year.
  • Interior of the Hoss intropia store in Seville – Tendam In addition, recurring Ebitda totaled 277.2 million euros, a figure that almost doubles the 145.8 million euros achieved in 2020.
  • In 2019, there were record amounts of 122.6 million euros.
  • However, Tendam highlighted the continued positive performance of Womenecret and the progress of Cortefiel and Pedro del Hierro.
  • Exterior of a Hoss Intropia store – Tendam On a comparable surface, sales grew 22.9%, which represents 0.3% less than before the pandemic.
  • On the other hand, income before interest and taxes from Tendam stood at 122 million euros, recovering pre-pandemic levels.
  • The Womenecret, Springfield, Cortefiel, Pedro del Hierro, Hoss Intropia, SlowLove, High Spirits, Dash and Stars and Fifty brands highlighted the 45.9% increase in sales in physical stores under their own management, as well as the strong recovery in franchising business.

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