Gruppo Coin is the leading Italian group in the mass apparel and accessories retail market with a 5.57% market share, a figure that places it among the most important European groups in the sector. With almost 600 stores, the Group operates via three well-known and established brands – OVS industry, Upim and Coin. Together, the three brands have made Gruppo Coin a highly successful business, one that has made a commitment to always offering its customers the very best. 

Gruppo Coin was established by founding father Vittorio Coin in 1916. Over the last century the Group has become one of the largest and well-established companies on the Italian mass distribution scene with the launch of various brands and the opening of large stores based on the “store within a store” formula. The current structure of Gruppo Coin took shape following the merger of Coin SpA and Oviesse SpA in 1997. This structure sees Gruppo Coin SpA take responsibility for the planning and execution of Group brand business and financial development strategies, which are then implemented at store level by the Coin and Oviesse divisions.

Gruppo Coin SpA's headquarters are located in:

Via Terraglio, 17 
30174 Mestre (Venice)
tel. 041 2398000
fax 041 982722
Italy

Since June 2005 the CEO is Mr. Stefano Beraldo

Please visit the section "Corporate Structure" .

Please visit the section "Our stores".

Our financial year opens on 1 February and closes on 31 January.

Though the market was characterised by a negative trend, the gradual implementation of a development strategy and the constant focus on the company processes, with the objective of improving management efficiency, enabled the Group to successfully deal with the external dynamics and close this financial year with broadly satisfactory results.

Consolidated total building sales of 1,257.6 million Euro (which include sales of partners within our Coin stores) has increased by 7.2% compared to the previous year; EBITDA amounted to 149.5 million Euro (12.5% of net sales), increased of 11.9% compared to 2008 (when it was 133.7 million Euro and 11.7% of net sales). Net Profit amounted to 44.3 million Euro, increased of +16% compared to 2008 (38.2 million Euro).
With regard to the financial dynamics, net financial debt as of 31 January 2010 amounted to 347.6 million Euro; if the financial effects deriving from the UPIM acquisition (merged company’s indebtedness and related managers’ capital increase) are excluded, the Group Net Financial Position would be -264.4 million Euro. The Cash Flow from ordinary operations, a positive figure of 34.4 million Euro, is much higher than the previous year, when it was a negative figure 57.5 million Euro as of 31 January 2009.

Please visit the section “Contacts”.