German discounter Takko Fashion saw its sales grow 3.3 % and its profit 28.7 %, which has emboldened the chain to announce an expansion by 300 shops in the next three years.
Growth in existing shops
Sales in the 2024/2025 financial year grew by 3.2 % (on a like-for-like basis) to 1.316 billion euros. Adjusted EBITDA climbed from 140 million to 180.2 million euros, mainly because the chain had to make fewer price cuts. The fashion discounter also managed to continue this trend in the first months of 2025, with a comparable sales growth of 1 %.
CEO Martino Pessina sees the results as an important turning point in the company’s growth journey. The like-for-like growth in particular is a clear indication that the focus on the existing shop portfolio has been effective, but that now is the time to expand further, the CEO says.
Time for expansion
According to its future strategy, “SHINE 2028”, Takko wants to get closer to its consumers: an expansion plan includes 300 new stores by the end of 2028, with a focus on core markets – Austria, Germany and the Netherlands. This month also sees the launch of the revamped customer app “Takko Friends”, with more personalised loyalty rewards.
The company recently extended its credit lines for another five years and issued a 350-million-euro bond, designed to give Takko Fashion the financial muscle to deliver on its European expansion plans.
Want to know more about Takko Fashion’s growth strategy? The German discounter will tell all about it at the Retail Marketing Day on 25 September! Also on stage: fellow discounters such as Action and Primark and more…
