Takko Fashion appoints new Chief Executive Officer effective second quarter of 2021

Takko Fashion, one of the leading smart fashion discounters in Europe, today in-forms about the appointment of its future Chief Executive Officer. Starting in his role as early as April of 2021, Markus Rech will take over the duties of Karl-Heinz Holland.

Karl-Heinz Holland, interim CEO and Chairman of the Takko Fashion Advisory Board, will continue to hold the position for the time being. To ensure a thorough introduction to the company, Markus Rech will start working for the company with immediate effect, to guarantee a smooth handover in April.

Markus Rech has extensive experience in the textile retail and store business. He served as CEO of SportScheck for more than four years, and during this time positioned the sporting goods retailer anew and further developed the business model. Prior to that, the 47-year-old headed up Engelhorn Sports, a German midsized textile company, for almost a decade.

Markus Rech: “I strongly believe that Takko Fashion is an impressive company with a sustainably successful business model and very positive future perspective. I am looking forward to the new tasks and the close collaboration with all Takko Fashion colleagues and the shareholder Apax Partners. Together with the entire Takko Fashion team, we will tackle the current challenges and steer Takko Fashion into a successful future.”

Karl-Heinz Holland: „Markus Rech brings extensive experience in textile retail business.  He has already demonstrated strategic foresight as well as innovative strength in the past. I am convinced that Markus Rech's focused customer orientation and personal beliefs make him a good fit for the Takko Fashion team. Looking to the challenging tasks ahead, I am confident that he will succeed in continuing Takko Fashion's growth path. I am looking forward to our future partnership and wish Markus Rech all the best for the tasks ahead.”

Tom Hall (Apax Partners): „We are convinced that Markus Rech will work hard on the tasks ahead in this currently challenging environment and will continue to strengthen Takko Fashion's market position after the pandemic. We wish him all the best and much success in this endeavor.”

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