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Eroğlu Holding
Turkish clothing retailer From Wikipedia, the free encyclopedia
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Eroğlu Holding (Turkish: Eroğlu Giyim) is a company based in Avcılar, Istanbul, Turkey that manufactures and retails clothing. Between 2015–2017, it owned the brand Mexx,[1] with about 300 stores and about 5000 total sales points in 56 countries at the time, based in Amsterdam, Netherlands.
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Eroğlu Holding also founded the brands COLIN'S and LOFT. COLIN'S has over 600 stores in 24 countries.[2] LOFT has 82 stores.[3]
The company's origins date back to the year 1983, when Nurettin Eroğlu and his four brothers set up a 150-m2 clothing factory, which started producing coats and down jackets. In 1986, they started manufacturing their first jeans, branded "Kulis". In 1992, they opened a 10,000m2 factory in Avcılar, Istanbul. By 1992, production was at 1,500 pairs per day and that same year, they renamed their brand "Colin's Jeans".[4]
By 2015 the Holding had sales of over 1.5 billion USD per year, with 70% coming from outside of Turkey. Russia was its biggest market.[5]
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Colin's
As of 2024, Colin's has over 600 stores in 24 countries.[2] As of 2017, 200 stores were located in Russia.[5]
In 1993, Colin's began to export.[6]
In 2012, Colin's announced its expansion into China.[7] Colin's is one of the best-known clothing brands in Russia, Ukraine and Belarus,[8] with about 11 million Ukrainians visiting 65 Colin's stores there during 2017.[9] Amid the ongoing conflict arising from the Russian invasion of Ukraine, Colin's has continued its online sales operations within Russia.[10][11]
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Mexx
After declaring bankruptcy on December 4, 2014,[12] Dutch fashion brand Mexx was acquired by Eroğlu Holding in February 2015.[13] Among the aims behind the purchase was the intended use of Mexx's established European brand recognition to give Eroğlu Holdings access to new European markets and points of sale.[14] However, in 2017, Mexx bought from Eroğlu Holdings by the Dutch brand group, RNF Holding.[15]
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Manufacturing
In addition to the earlier factories, in 1998 Eroğlu Holding opened a new 35,000m2 facility in Esenyurt, Istanbul, and in 2003 a 45,000m2 factory in Çorlu, and in 2004 a smaller 10,000m2 factory in the founder's hometown of Aksaray.[4] The Holding thus now manufactures in Istanbul and Aksaray in Turkey, and in 2024, Eroğlu invested $40 million in a 62,000m2 jeans factory in Egypt's Suez Canal Economic Zone (SCZone), to employ 2,750 workers.[16]
By 2017, 25% of Colin's brand merchandise was produced in China, 30% in Bangladesh, 10% in Egypt, and the rest in Turkey.[5]
By 2024 the Group had a production capacity of 20 million units per year.[4]
References
External links
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