LC Waikiki

Turkish clothing company From Wikipedia, the free encyclopedia

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]

Company type
Private
IndustryRetail
Founded1988; 38 years ago (1988)
FounderGeorges Amouyal
Quick facts Company type, Industry ...
LC Waikiki
Company type
Private
IndustryRetail
Founded1988; 38 years ago (1988)
FounderGeorges Amouyal
Headquarters
Istanbul
,
Turkey
Number of locations
Increase 1,300 (2024)[1]
Area served
Worldwide
Key people
Vahap Küçük (chairman); Mustafa Küçük (CEO)
ProductsClothing
RevenueIncrease US$4.92 billion (2024)
OwnerLC Waikiki Mağazacılık
Number of employees
Increase 55,000 (2024)[2]
SubsidiariesXSIDE; LCW Home
Websitewww.lcw.com
Footnotes / references
Exports: US$1.2 billion (2024).[3]
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History

Founded in Paris in 1988 by Georges Amouyal, LC Waikiki was acquired by Turkey'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]

According to the LC Waikiki website, retail stores are in the following countries:

  • The Americas: Chile, Costa Rica, Curacao, Dominican Republic, Ecuador, Guatemala, Panama, Peru, Venezuela, and now in El Salvador's Multiplaza shopping center.
  • Africa: Algeria, Côte d'Ivoire, Dem. Republic of Congo, Egypt, Ghana, Kenya, Libya, Mauritius, Morocco, Reunion (FRANCE), Tanzania, Tunisia, Uganda, Zambia.
  • Asia: Armenia, Azerbaijan, , Kazakhstan, Kyrgyzstan, Malaysia, Mongolia, Tajikistan, Uzbekistan.
  • Europe: Albania, Belarus, Bosnia & Herzegovina, Bulgaria, Croatia, Greece, Hungary, Kosovo, Macedonia, Malta, Moldova, Montenegro, Northern Cyprus, Romania, Serbia, Ukraine, Georgia.
  • Middle East: Bahrain, Iraq, Jordan, Kuwait, Lebanon, Oman, Palestine, Qatar, Saudi Arabia, UAE.

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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