EK Fashion ESG Annual Report 2021
EK Fashion ESG Annual Report 2021
EK Fashion ESG Annual Report 2021
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Chapter 1<br />
<strong>EK</strong> FASHION: TOGETHER WE WILL MAKE<br />
RETAIL FUTURE-PROOF<br />
Since 2015, Euretco B.V. has been part of <strong>EK</strong>, a retail service organisation operational in<br />
more than ten countries and based in Bielefeld, Germany. To be able to combine international<br />
forces even further, since 19 April 2022, the name Euretco has become <strong>EK</strong> Netherlands.<br />
The familiar name Euretco is dropped, but the central position as the largest retail service<br />
organisation in the Netherlands is continued.<br />
<strong>EK</strong><br />
<strong>EK</strong> provides services to local retailers and is a purchasing<br />
organisation, marketing organisation and competence<br />
network in one.<br />
<strong>EK</strong>'s business model is characterised by its focus on<br />
six strategic business segments: <strong>EK</strong> Home, <strong>EK</strong> <strong>Fashion</strong>,<br />
<strong>EK</strong> Living, <strong>EK</strong> DIY, <strong>EK</strong> Sport and <strong>EK</strong> Books.<br />
Around 650 employees do their utmost to support retail<br />
partners in the best possible way. As a service provider<br />
for independent small and medium-sized retailers,<br />
specialist markets and department stores, one of <strong>EK</strong>'s<br />
most important tasks is to lead local independent retailers<br />
into the digital future.<br />
In <strong>2021</strong>, a start was made to make <strong>ESG</strong> an integral part<br />
of the current group strategy. <strong>ESG</strong> has been given high<br />
priority on the management agenda. Together with<br />
PricewaterhouseCoopers (PwC), a project is currently running<br />
to integrate sustainability into everything we do with a broad<br />
cross-section of the organisation. This group consists of the<br />
board, management and <strong>ESG</strong> managers from all business<br />
units. In phase two, the scope will be broadened from<br />
group level to all commercial business units and in phase<br />
three we are building on the further roll-out of <strong>ESG</strong> services<br />
for retailers.<br />
<strong>EK</strong> NETHERLANDS<br />
<strong>EK</strong> operates in the Dutch markets with the divisions<br />
<strong>EK</strong> <strong>Fashion</strong>, <strong>EK</strong> Living, <strong>EK</strong> DIY, <strong>EK</strong> Sport and <strong>EK</strong> Books.<br />
<strong>EK</strong> Nederland works with around 1,500 independent<br />
retailers and franchisees. In total they run almost<br />
2,200 shops.<br />
Our core activities include retail, franchise, wholesale and<br />
financial services to independent retailers. Around 300<br />
people at <strong>EK</strong> Netherlands work with great passion to relieve<br />
<strong>EK</strong>’s retail partners as much as possible from any burden of<br />
tasks, both in their shops and online.<br />
The shop formulas and floor concepts include INTERSPORT,<br />
Runnersworld, The Athlete's Foot, Hubo, Decorette, Topform<br />
and Libris/Blz.<br />
<strong>EK</strong> FASHION<br />
In addition, through its fashion division with, among others,<br />
Babyface, Born with Appetite, Marco Manzini, Supply&Co<br />
and in shape, <strong>EK</strong> Netherlands offers international top brands<br />
in the women's, men's, baby and children's clothing<br />
segments. <strong>EK</strong> <strong>Fashion</strong> comprises about 1100 affiliated shops<br />
in the Netherlands, about 600 affiliated shops in Germany<br />
and about 100 affiliated shops in Austria. <strong>EK</strong> <strong>Fashion</strong><br />
supports them with data-driven advice, education,<br />
up-to-date market information, private label purchasing<br />
and more.<br />
By bundling fashion retailers into groups, <strong>EK</strong> <strong>Fashion</strong> is<br />
able to create an equal and confidential cooperation in<br />
which all parties reinforce each other. We believe in a close<br />
relationship with our affiliated retailers and brands to create<br />
future-proof retail based on better, not on more. Independent<br />
fashion retailers have the perfect position in this future-proof<br />
retail by building personal customer relationships and<br />
offering high-quality products.<br />
.<br />
BRAND VALUES<br />
Share of turnover by product division <strong>2021</strong><br />
Women’s private label<br />
We understand our business and are well versed<br />
at it. Our complete range of services makes us<br />
unique. Our diversity makes us a strong<br />
international partner. No other company can offer<br />
the added value of our multi-sector cooperation.<br />
We are an ... Experienced Advantage Creator<br />
We make the customer and his needs the focal<br />
point of our actions. In addition to competitive<br />
prices, retailers receive services that make them fit<br />
for their future. We maintain a personal and close<br />
relationship with our members. We are an ...<br />
Inspiring Partner<br />
Babyface<br />
37.13%<br />
Women’s private label<br />
24.45%<br />
Men's private label:<br />
With our many years of experience, knowledge<br />
and our international structure, we are a stable<br />
and reliable partner. Our drive to further develop<br />
our multi-branch business, combined with our<br />
position in the market, makes us a suitable partner<br />
for the long term. We are a ... Safe Harbour<br />
We are motivated and have a service-oriented<br />
mindset. Our members are at the heart of our<br />
company. We are a ... Passionate Service<br />
Partner<br />
Men's private label:<br />
38.42%<br />
Babyface<br />
12 13
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