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Company type | Privately held company |
---|---|
Industry | Retail |
Founded | 1995Copenhagen, Denmark | in
Founders | Lennart Lajboschitz (founder) Suzanne Lajboschitz (co-founder) |
Headquarters | , |
Number of locations | 950 |
Area served | Worldwide |
Revenue | 4.274 billion DKK |
Owner | Zebra A/S |
Website | flyingtiger |
Footnotes /references [1] |
Flying Tiger Copenhagen (formerly Tiger) is a Danish variety store chain. [2] [3] Its first shop opened in Copenhagen in 1995 and the chain now has nearly 1000 shops. Its largest markets are Denmark, the UK, Italy, and Spain. Before June 2016, it operated as Tiger (or Tiger Copenhagen) in most markets, as TGR in Sweden and Norway and as Flying Tiger Copenhagen (or just Flying Tiger) in Ireland, Japan, Belgium, and the Netherlands. [4] The chain sells a variety of items, mostly accessories and toys. [5] According to the company's founder, the company had about 39 million customers in 2014. [6] Tiger takes its name from how the Danish pronunciation of the animal name tiger (IPA: [ˈtsʰiːɐ] ) sounds roughly the same as the Danish word tier (IPA: [ˈtsʰiˀɐ] ), used to denote a 10 kroner coin; in the first stores in Denmark, all items cost 10 kroner. [7]
Lennart Lajboschitz opened the first shop at Islands Brygge in Copenhagen in 1995. [4]
In 2005, the company opened its first shop in the United Kingdom in Basingstoke, later followed by other parts in the United Kingdom, such as Glasgow in Scotland, Cwmbran in Wales and Newry and Belfast in Northern Ireland. They no longer operate in Northern Ireland as of 2021 due to poor sales. [8]
In 2012, EQT Partners acquired a 70% stake in the chain Tiger via its investment in its parent company Zebra A/S. [9]
In January 2015, the company appointed former The Body Shop director Xavier Vidal as its new chief executive officer. [10] The company opened its first store in the United States in New York City in May 2015, [11] [12] a 5,000-square-foot/152 mq store in Manhattan's Flatiron District. [13] In 2016, the company officially changed its name worldwide to Flying Tiger Copenhagen; it has previously used other names due to the name "Tiger" not being allowed in all markets. [14]
In November 2018, the company announced the opening of four shops in Massachusetts and planned to open 20 more locations in New England in the next few years. The CEO, Mette Maix said the format of the shop is "like a treasure hunt" by adding at least 300 random, new items each month to the shop selection. [1]
In November 2020, Flying Tiger closed all US Stores, to focus on other markets. [15]
Flying Tiger opened their global online shop in July 2021, [16] catering to most of Europe. The online store ships to Belgium, Denmark, Estonia, Finland, France, Greece, Italy. Ireland, Lithuania, Netherlands, Norway, Portugal, Poland, Czechia, Germany, Hungary, Austria, Slovakia, Spain, Sweden, Turkey and the UK.
New products are added to the store each week. [17] Many products are limited edition and only for sale for a limited time.
Flying Tiger operates almost 1,000 shops worldwide, of which 805 are in Europe. [18]
Country | Shops [19] |
---|---|
Italy | 131 |
Spain | 126 |
United Kingdom | 80 |
Japan | 56 |
Denmark | 51 |
Poland | 44 |
France | 42 |
Portugal | 42 |
Sweden | 39 |
Finland | 30 |
Germany | 27 |
Israel | 27 |
Norway | 26 |
Ireland | 23 |
Switzerland | 23 |
Netherlands | 22 |
Belgium | 21 |
South Korea | 21 |
Hungary | 19 |
Austria | 17 |
Czech Republic | 17 |
Indonesia | 16 [20] |
Saudi Arabia | 14 |
Greece | 12 |
Slovakia | 11 |
Estonia | 7 |
Cyprus | 6 |
Latvia | 6 |
Lithuania | 6 |
Iceland | 5 |
United Arab Emirates | 5 |
Kuwait | 3 |
Bahrain | 1 |
Malta | 1 |
Qatar | 1 |
Malaysia | ? [a] |
Oman | ? [a] |
Singapore | ? [a] |
Thailand | ? [a] |
Turkey | ? [a] |
Vietnam | ? [a] |
In 2014, Tiger Stores Ireland won Company of the Year and Best Small Company at the Retail Excellence Ireland awards. [21] In the same year, the company received "Good design" award by Chicago Athenaeum. [22] [ failed verification ]
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