Takko Fashion

Country: Germany

Region: Nordrhein-Westfalen

Investors: Advent International

After buying Takko in 2007, Advent International supported the company’s management in its transformation from a hard discount to a value fashion brand, and in accelerating its international growth strategy and expanding its business.

The number of stores was increased, existing shops were modernised, operational systems and processes were significantly strengthened and the product range was expanded. In addition, Takko expanded into new countries in Central and Eastern Europe and Western Europe, and a new store concept – 1982 – was launched in inner city locations. Before its sale in 2011, Takko evolved from a functional product organisation focused on sourcing, into a system and process orientated organisation focused on customers and stores.

Stephan Swinka

CEO - Takko

As partner at our side, Advent supported us and actively accompanied the development of our business.

2,000

jobs created

30%

increase in sales

What did the business need?

Like for like growth through system and process improvement
Expansion in existing markets and entry into new geographies
Innovation through extended product range and new format roll-out

How did private equity backing create lasting value?

Strengthened existing management team with new CEO, CFO and COO hires
Improved merchandising skills
Focused on key metrics such as sales per square metre, like for like growth and footfall
Initiated a store portfolio reshape and redesign programme, refurbishing 1,160 stores in 14 countries
Expanded into new geographic markets in Central and Eastern Europe and Southern Europe