Gruppo Coin

Gruppo Coin S.p.A. is a prominent Italian retail group with a strong presence in the apparel, department store, and specialty retail sectors. Founded in 1916 by Vittorio Coin, the group has maintained a deep-rooted connection to Venetian trade traditions, evolving over more than a century to meet changing consumer needs and expanding its market footprint across Italy.

The company operates under several major brand names, including Coin, OVS Industry, and UPIM. The Coin brand represents the group's flagship department stores, targeting the upscale market with over 80 company-owned and franchised locations. OVS Industry is recognized as Italy’s largest apparel retailer, originally launched in 1972 as 'Magazzini Oviesse' and has since expanded to include a network of approximately 1,100 stores in Italy. UPIM, acquired in 2010, is another key apparel brand with about 135 directly operated stores and an extended franchise network, including over 15 BluKids stores specialized in children's apparel.

In total, Gruppo Coin manages approximately 1,100 selling points across Italy, including department stores, apparel retail outlets, and specialty stores, making it one of the largest retail networks in the country. Their sales network also includes distribution centers and warehouses necessary for supply chain and inventory management.

The group's retail formats include supermarkets and hypermarkets in department store layouts, catering mainly to food, drinks, beauty, apparel, and home furnishing categories. The company has successfully transformed former retail chains, such as the conversion of La Standa stores into its own formats like Oviesse and Coin.

Financially, Gruppo Coin reported sales approximating €1.18 billion as of recent estimates, positioning it among the top players in the Italian retail market, with an estimated turnover range between 1 to 10 billion euros based on scale and market share. The group employs about 10,000 to 50,000 people in Italy, reflecting its large operational scale.

Gruppo Coin continues to pursue growth while remaining largely controlled by the founding family. Its strategic focus includes expanding its apparel and department store brands, reinforcing its leadership in the Italian market with about 7.4% market share ahead of competitors such as Benetton, Calzedonia, Max Mara, H&M, and Zara.

Overall, Gruppo Coin is a key player in Italy's FMCG purchasing group sector, with extensive retail coverage in supermarkets, hypermarkets, department stores, distribution centers, and warehouses, focused primarily on food, drinks, beauty, apparel, and home furnishing categories.