Takko Fashion news and archive

Takko reports improved earnings in H1 despite sales decline

German clothing discounter Takko Fashion experienced a slight decline in sales in the first half of the 2025/26 financial year. However, its adjusted operating result was higher than in the same period of the previous year. According to a statement released on Monday, the retailer has recently made “significant progress in implementing its...

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Takko Fashion appoints Martino Pessina as new chief executive officer

Takko Fashion has appointed Martino Pessina as its new chief executive officer (CEO). He joined the executive management board of the fashion company on January 16, 2023. Commenting on Pessina’s appointment as CEO, Dirk Van den Berghe, chairman of the Takko Fashion advisory board said: “Martino Pessina brings an excellent understanding of the...

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German discounter Takko Fashion names interim CEO

German discount fashion chain Takko Fashion has named Karl-Heinz Holland as new interim CEO following the departure of previous CEO Alexander Mattschull announced in October. Holland was until now the chairman of the Takko Fashion advisory board, and has previously worked for 23 years at the Lidl Group, including 6 years as CEO. “Takko Fashion...

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Alexander Mattschull becomes Co-CEO of Takko Fashion

Discount retailer Takko Fashion has announced that its managing director Alexander Mattschull is appointed as Co-CEO with immediate effect and Karl-Heinz-Holland, former CEO of the Lidl Group, is now a new member of the company’s advisory board and will take over the position of Chairman. The company said in a statement that Mattschull has been...

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Takko Fashion elevates Andreas Silbernagel to CFO

Takko Fashion GmbH has announced the appointment of Andreas Silbernagel as the company’s new Chief Financial Officer (CFO). The company said, Silbernagel, who has been with the company since 1991, was responsible for the group's finance & accounting division as senior executive director. "We are very pleased to announce the appointment of...