Pause operations: company temporarily curtailing operations while keeping return options open

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Tendam is a Spanish fashion retailer.

Pause operations: company temporarily curtailing operations while keeping return options open

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Revenue(RF), mln.USD
9
Assets(RF), mln.USD
6
Capital(RF), mln.USD
2
Glob.Revenue, mln.USD
702
Shops
50
Staff(RF), 2021
272
Taxes(RF), mln.USD
2

Spain's Tendam hands Russian shops to Belarusian company.

The Company Statement
April 25, 2023

Temporarily closing stores in Russia (50 stores operating in Russia). Russian sales points of Women' secret have remained closed since March 2022, when Tendam announced its withdrawal from the Russian market due to the military conflict between Russia and Ukraine. The company, which announced its departure from Russia, will transfer some of its points of sale in the country to the Belarusian franchisee Fashion House.

March 19, 2023Women’s secrets will be told from Belarus: Women’ secret brand may return to Russia
March 05, 2022Tendam temporarily suspends operations in Russia
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