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LC Waikiki
Turkish clothing company From Wikipedia, the free encyclopedia
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LC Waikiki (stylised LCW) is a Turkish ready-to-wear clothing and lifestyle retailer headquartered in Istanbul. The brand was founded in France in 1988 and became Turkish-owned in 1997 after acquisition by Tema Tekstil (Taha Group).[4] The name combines LC for the French phrase Les Copains (“friends”) with “Waikiki,” referencing the beach in Hawaiʻi.[5]
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History
Founded in Paris in 1988 by Georges Amouyal, LC Waikiki was acquired by Türkiye’s Tema Tekstil in 1997 and restructured in Istanbul.[6] The company’s early identity featured a chimpanzee mascot, prominent in its 1990s branding.[7] Its 1,000th store opened in Kyiv in 2020.[8]
Operations
LC Waikiki reported net sales of approximately US$4.92 billion (₺144.7 billion) and exports of US$1.2 billion*for 2024, employing around 55,000 staff and managing over 1,200 stores.[9] Independent media coverage cites a turnover of about US$7.04 billion (₺207 billion) in 2024 a 55 % year-on-year increase.[10]
Global Presence
As of 2024, LC Waikiki operates ~1,300 stores across 61 countries on five continents, including new entries in Chile, Guatemala, Côte d’Ivoire, Somalia, and Mongolia.[11][12][13][14]
E-Commerce
In 2024, LC Waikiki’s e-commerce site lcwaikiki.com achieved first-party net online sales of US$163.1 million, primarily within the fashion sector.[15]
Ownership
Ownership breakdown: Küçük Family 47.49 %; Dizdar Family 35.22 %; Kısacık Family 7.21 %; Amouyal Family 6.50 %; Others 3.59 %.[16]
References
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