Companies

Spanish fashion retailer Tendam posts strong full-year results

Jun 18, 2026 Spain

The Spain-based fashion retailer, which owns labels such as Cortefiel and Pedro del Hierro, has reported a strong performance in the 2025 financial year, marked by growth in revenue and profitability

“These 2025 results underscore Tendam’s power as a unique, omnichannel ecosystem which is unparalleled in the market. A strategically robust model that has delivered almost 1.5 billion euros in revenue with above-market growth in total revenue, like-for-like revenue, EBITDA and net profit”, highlighted Tendam Chairman and CEO Jaume Miquel.

Full-Year Results

In the 2025 financial year, which ran from the 1^st of March 2025 to the 28^th of February 2026, Tendam recorded a 6.8% increase in total revenue, reaching 1.47 billion euros, compared to the previous financial year. Like-for-like revenue also increased by 6.1% year-on-year.

Spain, Portugal and Mexico were the company’s leading markets during the year. In Mexico, revenue increased by 17.9% at current exchange rates and by 25.2% on a constant-currency basis as the retailer expanded to 88 stores and launched a loyalty programme. Another highlight was the revenue growth across all segments.

Compared to the 2024 financial year, revenue was up by 7.8% to 394.6 million euros in the adult segment (Cortefiel, Pedro del Hierro, Hoss Intropia, Slowlove and TOO TOO); by 9.9% to 466.8 million euros in the specialist segment (Women’secret, Dash and Stars, and HI&BYE); and by 3.5% to 495 million euros in the young segment (Springfield, High Spirits, and Springfield Kids). Fifty, its outlet line recorded a 5.5% increase in revenue to 111.0 million euros.

Tendam reported stronger earnings for the full year of 2025, with net profit rising by 26% to almost 112 million euros and EBITDA rising by 9.4% to 368 million euros, compared to the prior year. The retailer’s EBITDA margin increased from 24.5% to 25.1%, while its gross margin fell slightly from 62.7% to 62.4%.

2026 Update

In the first quarter of the 2026 financial year, which ended on the 31^st of May, the company’s revenue increased by 10.4% year-on-year to 288.2 million euros, or by 9.2% on a like-for-like basis. First-quarter EBITDA increased by 11.9% year-on-year to 62.7 million euros.

“Despite the current geopolitical and economic uncertainty, the Company remains confident in the strength of its business model and in upholding comparable growth rates”, reads the statement.

Image Credits: retaildetail.eu

Spain Companies Fashion Results Tendam Year Results