85
Fashion Jobs
JO MALONE LONDON
Education Manager, Jml/lm
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Senior HR Operations Executive/ Assistant Manager
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager (Franchise)
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Commercial, Adigolf, Vietnam 1
Permanent · HO CHI MINH CITY
ADIDAS
Key Account Manager 1 (Franchise)
Permanent · HO CHI MINH CITY
COLUMBIA
lo Costing & Engineering Manager
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Category Manager - Cpd
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Business Planning Manager - Cpd
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager Product Creation (Sportwear)
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Product Manager - Shu Uemura
Permanent · HO CHI MINH CITY
ADIDAS
Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Manufacturing Engineer
Permanent · HO CHI MINH CITY
SPECIALIZED
Painting Quality Engineer - Bình Dương, Vietnam
Permanent ·
ON RUNNING
Social Compliance Specialist - Hcm Based
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Sourcing Operations
Permanent · HO CHI MINH CITY
WILLIAMS SONOMA
Wood Sustainability Specialist - (Global)
Permanent · THUẬN AN
PUMA
Manager Quality Apparel & Accessories
Permanent · HO CHI MINH CITY
PUMA
Senior Executive, Finance
Permanent · HO CHI MINH CITY
PUMA
Head of Quality Footwear
Permanent · HO CHI MINH CITY
PUMA
Quality Engineer Cobra
Permanent · HO CHI MINH CITY
PUMA
Key Account Manager, Marketplace E-Com
Permanent · HO CHI MINH CITY
ON RUNNING
Head of Footwear Sourcing
Permanent · HO CHI MINH CITY
By
DPA
Translated by
Barbara Santamaria
Published
May 30, 2018
Reading time
2 minutes
Download
Download the article
Print
Text size

Takko considers IPO after successful year

By
DPA
Translated by
Barbara Santamaria
Published
May 30, 2018

German fashion discounter Takko is still mulling an IPO. “We continue to explore different options with Apax,” a spokesman said when presenting the company’s annual report on Wednesday. But no decision has been made yet about the possible flotation.


obs/Takko Fashion


The private equity investment firm Apax bought Takko from its competitor Advent in 2010. At the time, it was reported Apax paid 1.2 billion euros for the purchase. But like many brands in the fashion industry, Takko was impacted by the retail crisis in the last years, trigged partly by online competitors such as Amazon and Zalando.

After a period of financial difficulties, the company has returned to growth. Revenues rose by 1.3% to 1.1 billion euros ($1.2bn) last year, while EBITDA increased by around 11% to 148.1 million euros ($172m). But there was an important financial figure left out: net income. In 2015 and 2016, the company was deeply in the red.

“Overall, we are very satisfied with the performance for the financial year and continued to make good progress thanks to a strong performance. We want to continue to drive growth nationally and internationally,” said CEO Arnold Mattschull.

As an international fashion discounter, Takko competes with Primark, Kik and H&M, and has over 1,900 stores in 17 European countries. 70 new branches were opened last year, according to the financial report. And in the spring, the company announced 100 new openings for the current financial year.

Takko has also recently opened its first stores in France. Overall, the value retailer plans to open 13 new locations in France this year. “We are testing the market, but we see great potential for Takko Fashion in France,” said Mattschull.

Copyright © 2024 Dpa GmbH