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Hoff sells minority stake to fuel growth and expansion plans

Spanish fashion brand Hoff has sold a minority stake in its business to Luxembourg-based private equity fund Rahco Capital to fuel its next phase of expansion and growth. Following the closing of the acquisition, Hoff founder Fran Marchena will continue to operate the brand, and maintains the position of majority and controlling shareholder,...

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Business|Interview Featured

Fran Marchena, CEO and founder of Spain’s Hoff: ‘Franchises have become a great ally in our expansion’

Valencia - What started as a fledgling online business in the Spanish province of Alicante - the cradle of the country’s footwear par excellence with the city of Elche as its main representative - has ended up becoming a meteoric company that has closed a turnover of 53 million euros and a 90 million retail price. In less than eight years,...

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