Adolfo Dominguez S.A. | Introduction
Introduction
Pol Ind San Cibrao das Vinas, Ru
San Cibrao das Vinas
E-32901
Spain
Telephone: + 34 988 39 87 05
Fax: + 34 988 24 67 61
Web site: http://www.adolfo-dominguez.com
Public Company
Incorporated: 1952
Employees: 1,111
Sales: EUR 130.07 million ($176 million) (2004)
Stock Exchanges: Madrid
Ticker Symbol: ADZ
NAIC: 448120 Women's Clothing Stores; 315220 Men's and Boys' Cut and Sew Apparel Manufacturing; 315230 Women's and Girls' Cut and Sew Apparel Manufacturing; 442299 All Other Home Furnishings Stores; 448110 Men's Clothing Stores; 448150 Clothing Accessories Stores
Adolfo Dominguez S.A. is one of Spain's leading and most well-known fashion groups. The Oreste-region company designs and produces a full range of clothing for men's, women's, and youth segments. The company markets its clothing under the AD and Linea U brands, among others. In addition to producing clothing, Adolfo Dominguez also produces a range of accessory items and footwear, much of which is developed under license by third parties. Similarly, the company has its own line of perfumes to support its major labels, developed and produced by fragrance specialist Myrurgia. Adolfo Dominguez is a vertically integrated company, a position that has enabled the company to produce high-quality, fashion-oriented clothing at attractive price points. The company's vertical integration extends into the retail sector. Since the early 1980s, the company has built up a strong, internationally operating retail network of more than 300 stores. Of this total, 142 stores are company owned, with the remaining stores operated as franchises. Spain remains the company's biggest market, where it operates 93 company-owned stores and 137 franchise locations. Europe is the company's largest region, with 32 company-owned stores, and most of the group's 23 foreign franchised stores. France is the group's primary international market, but the company also has a presence in Germany and the Benelux markets, and elsewhere. Founded in the 1950s as a small tailor's shop, the company remains under the control of the Dominguez family, including longtime Chairman and CEO Adolfo Dominguez, the founder's son. The Dominguez family retains a controlling stake in the company, which was listed on the Madrid Stock Exchange in 1997. In 2004, the company posted total sales of EUR 130 million.