HEMA news and archive

92 year-old retailer Hema falls back in Dutch hands

Hema is coming home. After eleven years under British investment company Lion Capital, the discount retail chain has been acquired by Dutch firm Ramphastos Investments for an undisclosed amount. With stores in nine countries, Hema’s plans for the future include expanding its international presence. FashionUnited has put together Hema’s most...

Management

Billionaire Marcel Boekhoorn acquires Dutch retailer Hema

Dutch discount retail chain Hema has been acquired by Ramphastos Investments, the investment company owned by Dutch billionaire Marcel Boekhoorn. The company, which is owned by British investment firm Lion Capital LLP since 2007, intends to improve its profitability, grow its e-commerce and expand internationally over the next few years. The...

Report

Hema Q2 sales decline by 0.2 percent

Second quarter net sales at Hema B.V. decreased by 0.5 million euros (0.59 million dollars) or 0.2 percent to 286.5 million euros (335.6 million dollars), which the company said was due to long period of exceptionally warm weather in Northern Europe and public transport strikes in France that led to fewer customer visits. Net sales of Hema...

Management

Hema aims to open 75 stores across the UK

London - It has been four years since Hema opened its first store in the UK. Since then the Dutch value retailer has opened seven more stores, operating a total of eight locations. However, now that the retail company is hoping to attract a new owner, it is keen to ramp up its international expansion scheme, which sees Hema aiming to open up to...

Management

Hema reports sales rise in Q2, explores sale option

Hema’s net sales increased to 287 million euros (338 million dollars) in the second quarter of FY17, up 3.3 percent compared to the same period last year. Adjusted EBITDA reached 24.8 million euros (29 million dollars) in Q2 FY17, up 13.2 percent over Q2 FY16. The company said, it saw strong sales growth in household goods, personal care...

Management|REPORT

Hema FY15 net sales up 5.8 percent, focus on international expansion

Hema’s net sales in FY15 increased by 5.8 percent compared to FY14 and like-for-like sales were up 3.2 percent. In the fourth quarter, net sales were up 4.1 percent compared with the same period of last year and like-for-like sales increased 0.5 percent, making it the fourth consecutive quarter of like-for-like sales growth. ”2015 was an...