Consumer & Retail Female Fashion Retailer
Per-Johan Swartling, Head of Administration and CFO
Chairman of the Board
Gina Tricot operates in the fast fashion segment of the Nordic apparel market, which is one of the most attractive in Europe in terms of per capita spending, and where this segment is outgrowing the overall market. Prior to the investment, Nordic Capital had been following the company for a number of years. Gina Tricot had since it was founded experienced significant growth, until approximately 3 years before Nordic Capital's investment when the company has had a stagnated revenue development.
Key to the Gina Tricot investment is Nordic Capital's significant experience in Nordic retail, and the ability to support the company in areas like low cost sourcing, store optimization, online expansion, operational efficiencies, and a network enabling the recruitment of an outstanding management team.
EUR 220 million
Nordic Capital Fund VIII, controlling shareholding