Investindustrial

Gruppo Coin is Italy’s leading apparel retail group successfully operating a network of 797 stores in Italy and 86 abroad under the brands of OVS Industry, Coin and UPIM and employs 9,498 people. The company is listed on the Milan stock exchange (BIT:GCN) and recorded 2010 sales of €1,736 million with an EBITDA of €186.5 million(1). The Italian apparel market is the largest retail market in Europe with a size of €56 billion, approximately 20% larger than those in Germany and the UK. In addition, given the overall low indebtedness and high saving rates of Italian households, it has also been the most stable market during the recession.