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Headquartered in Pittsburgh, PA, GNC Holdings, Inc. is a specialty retailer of health, wellness and performance products, including vitamins, minerals and herbal supplement products, sports nutrition products and diet products. The Company has approximately 6,700 retail locations in the United States. The company also operates stores in Canada, Puerto Rico and Ireland and the websites, GNC.com and LuckyVitamin.com.
Turkey’s flag carrier Turkish Airlines is the world’s largest by number of countries being served and Europe’s third largest by number of passengers carried. In 2016 Turkish Airlines has been awarded “Best in Europe” by Skytrax, for sixth consecutive years. Turkish Airlines’ main hub in Istanbul will be replaced with the new Istanbul airport, which is set to open in 2018 and become the world’s largest.
German and European market leader in consumer electronics retailing has more more than 800 stores with a sales area of up to 10,000 square meters in 14 countries. The Media Markt brand represents an attractive range of the latest products in the fields of consumer electronics, telecommunications, photography, entertainment, new media, software and household appliances at low prices.
Turkey’s largest bookstore chain serves an average of 2,5 million customers monthly with more than 175 thousand varieties of products in a combined sales area of more than 60 thousand square meters. The retailer has two online stores, which are visited by 5.7 million unique visitors monthly. D&R is owned by Dogan Holding Company.
Turkey’s largest drugstore chain was founded by Demir Sabancı in 2009. Gratis is currently one of the country’s fastest-growing retail chains. It is also one of the most innovative.
LC Waikiki is a fast-growing global fashion retailer with $2.3 billion annual turnover. The company offers accessible fashion to its customers through its extensive network of 514 stores in 23 countries.
Turkey’s first global fashion brand Mavi is now sold at over, 5000 specialty stores, better department stores and specialty chains in 50 countries including the US, Canada, Turkey, Australia, Germany, Netherlands and Russia. The company has over 352 retail stores with 13 flagships.
“We work with Invent because their inventory planning solutions are customized to our needs by some of the brightest analytics talent around. That’s why it’s so effective.”
Toygar Tan, Chief Supply Chain and Planning Officer, Mavi
Founded in 1971, Turkey’s largest and oldest luxury department store chain offers more than 400 international brands in its 71 stores operating in the Middle East. Among the brands exclusively carried by the brand are Dior, Valentino, Celine, Balenciaga and Marni.
“Invent Merchandise Planning System armed our buyers with a detailed merchandise plan, which steers buying decisions towards optimal inventory levels and localized assortments for each store. “
Batur Kutnay, Commercial Director, Beymen
A resounding success story, the home textile retailer had grown from a small local chain into an midsize chain of 220 stores since being acquired by Aydin Holding in 2009. Company has recently opened stores in Ukraine, Bulgaria, Albania, Cyprus and Iran.
Turkey’s leading home improvement retailer has 43 stores in 20 cities with a combined retail space of 210.000 square meters.
Penti is a hosiery manufacturer and retailer, holding more than 40% market share in Turkey. The brand has 245 stores in Turkey and 71 stores in 22 countries. The company owes its success to an extensive and dynamic product portfolio.
“Invent’s Replenishment System increased our in-stock rates without increasing inventory levels. This immediately translated into 3% higher sales and 3.5% higher gross margin.”
Mert Karaibrahimoglu, Vice President of Retail & E-commerce, Penti
A global fashion label serves its fashion-forward clientele with 350 stores in 25 countries. Koton offers women’s, men’s, kids, accessories, jeans and beauty collections.
“We use Invent’s forecasting engine to identify the fast moving items and reorder them in optimal quantities before the stockouts begin. This proactive approach increases our margins and boosts customer satisfaction.”
Murat Barlas, Strategic Planning Director, Koton
Ayaydın Miroglio has some of the most popular Turkish fashion labels under its roof, including Ipekyol, Machka and Twist. Ipekyol, company’s main label for women’s fashion, has over 90 stores in Turkey and abroad.
“We were one of the first clients of Invent and we continue to work with them. Invent’s algorithms provided a demand-driven, profit maximization approach to all aspects of our merchandising and inventory decisions.“
Ozlem Tektas Celikkanat, Retail Director, Ayaydın Miroglio Group
Since being founded in 2003 DeFacto has become one of the fastest growing accessible fashion brands in Turkey with an annual revenue of $350 million. Defacto has 240 stores in Turkey and a strong presence in the Middle East and Near Asia.
“Invent’s algorithms enabled us to estimate true demand of our products at the lowest level, which improved our buying and merchandising decisions along with our ability to have the right inventory at the right location at the right time.”
Hakan Ugur, Merchandising Director, DeFacto
Unilever, one of the major fast moving consumer goods companies in the world, reaches two billion consumers every day with its brands in daily hygiene, nutrition, and personal care categories available in 190 countries. Unilever’s Istanbul offices is a major R&D, brand-product development, logistics, IT and finance center for the company.
FLO operates over 400 footwear stores in Germany, Turkey and Kazakhstan. The Company carries a large portfolio of owned and exclusively licensed footwear brands, including Lumberjack, Polaris and, Turkey’s best-selling athletic shoe brand, Kinetix.
Turkey’s leading toy retailer has over 120 stores in 33 cities. The privately held company was founded in 2001.
A Boyner Holding Group company, Ay Marka owns NetWork and Fabrika, two popular fashion labels targeting professionals with smart and contemporary fashion. The company has 159 stores, 12 of them international.
Turkish cosmetics firm exports its products to more than 60 countries. Flormar has 300 mono-brand stores, 100 in Turkey, the rest operating internationally. French cosmetic giant Yves Rocher acquired a 51 per cent stake in the company in 2012.
Mid-range department chain is operating 109 multi-level stores along with 16 concept stores, 8 outlets and 12 Çarşı stores.