 | |
| Industry | Clothing |
|---|---|
| Founded | 1988 |
| Headquarters | Istanbul, Turkey |
Number of locations | 480+ stores (2019) |
Area served | Worldwide |
Key people | Gülden Yılmaz |
| Products | Clothing |
| Revenue | $660 million (2023) |
| Owners | Gülden Yılmaz |
Number of employees | 11,500 |
| Website | www |
Koton is a Turkish multinational clothing company. [1] As of 2015, the chain had over 480 retail stores in 28 countries. [2]
Koton started in 1988 with a 25-square-metre (270 sq ft) store in Kuzguncuk. [3] On May 10, 2024, the company went public with the code "KOTON" and started trading on Borsa Istanbul on July 9, 2024. The public offering size of the company, of which 16.5 percent of its shares were listed on the stock exchange, was 4.17 billion liras. [4]
Koton has stated that it plans to increase its use of recycled materials in packaging by 50% in 2024. It also plans to use only renewable energy in its facilities by 2023, and be carbon neutral by 2040. [3]
Turkey is a founding member of the OECD and G20. The country's economy ranked as the 18th-largest in the world and 8th-largest in Europe by nominal GDP in 2023. It also ranked as the 11th-largest in the world and 5th-largest in Europe by PPP in 2023. As of 2024, Turkey is a developing, upper-middle income, mixed economy. Turkey has often been defined as a newly industrialized country since the turn of the 21st century. The country is the fifth most visited destination in the world, and has over 1,500 R&D centres established both by multinational and national firms. Turkey is among the world's leading producers of agricultural products, textiles, motor vehicles, transportation equipment, construction materials, consumer electronics, and home appliances. Among OECD nations, Turkey has a highly efficient and strong social security system; social expenditure stood at roughly 12.5% of GDP.
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İstanbul Otopark İşletmeleri Tic. AŞ, or simply İSPARK, is a company that operates parking lots in Istanbul. Managed by the Istanbul Metropolitan Municipality, the company provides service in 606 parking lots and also is a member of the European Parking Association.
Logo Software is a Turkish business software company based in Gebze, Kocaeli. The company was founded in 1984, and was officially established in 1986. Logo Yazılım has more than 1,500 employees and over 1,000 business partners in 7 different locations in 4 different countries. It started developing Logo Paas in 2015 as part of its servitization strategy and offers cloud applications through this platform. Logo Yazılım also provides digital transformation consultancy and special project management services.
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