All Flying Tiger Copenhagen articles
Flying Tiger Copenhagen is a variety retailer based in Denmark and owned by holding company Zebra A/S. Its first store opened in Copenhagen in 1995. Before June 2016, it operated as Tiger in most places, TGR in Sweden and Norway, and Flying Tiger in Ireland, Japan, the USA, Belgium and the Netherlands. The retailer has grown rapidly over the last few years. Flying Tiger Copenhagen operates more than 900 stores across 30 countries.
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Interview
Q&A: Flying Tiger Copenhagen’s managing director on standing out in variety
Retail Week speaks to Flying Tiger Copenhagen (FTC) managing director Michael Burke about high street rivals and how business is booming after lockdown
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Analysis
Strategy spotlight: How Flying Tiger Copenhagen is succeeding despite cost-of-living crisis
Despite operating in an extremely discretionary market during an unprecedented cost-of-living crisis, specialist retailer Flying Tiger Copenhagen continues to succeed. What makes it stand out from the field, and what’s next for the Danish brand?
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Analysis
Who are retail’s next CEOs?
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers in the next five years.
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Retail Navigator Analysis
Flying Tiger Copenhagen (Overview)
Flying Tiger Copenhagen (FTC) is a variety retailer based in Denmark whose stores offer a quirky and ever-changing selection of own-designed products.
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Retail Navigator Analysis
Flying Tiger Copenhagen (Financials)
Flying Tiger Copenhagen was back to solid growth in FY2022, with total sales amounting to DKK 4,752m (£545m) in the year to end December 2022, a 24.6% increase compared to the previous financial year.
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Retail Navigator Analysis
Flying Tiger Copenhagen (SWOT)
Pre-tax profit amounted to DKK 124.8m (£14.4m) in 2021/22, compared to a loss of DKK 1229.8m (-£146.6m) in 2020/21, representing a growth of 101.0%, making it the retailer’s highest profit since 2015.
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Retail Navigator Analysis
Flying Tiger Copenhagen (People)
Flying Tiger operates a slim senior management team based in Denmark. Martin Jermiin has been CEO since mid-2019 and in early 2021 spearheaded a management buyout backed by Danish investment company Treville.
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Retail Navigator Analysis
Ecommerce at Flying Tiger Copenhagen
Having originally been persuaded that the strong impulse-buy nature of the product offer wouldn’t translate well online, Flying Tiger Copenhagen (FTC) eventually moved into ecommerce at the beginning of 2020 with the launch of a transactional website in its native Denmark. This was followed a few months later by a Swedish site, while a pan-European site was brought on in 2021.
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Retail Navigator Analysis
Customer and marketing at Flying Tiger Copenhagen
The retailer rebranded as Flying Tiger Copenhagen a few years ago to highlight its Danish credentials, as around half of all products were being designed by its in-house design team in Copenhagen.
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Retail Navigator Analysis
Stores at Flying Tiger Copenhagen
Flying Tiger has often been compared to Ikea – not only because of its Scandinavian roots and design ethos, but also its store design that guides customers around a pre-determined path through the store.
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Retail Navigator Analysis
Technology strategy at Flying Tiger Copenhagen
While Flying Tiger Copenhagen (FTC) only got involved in ecommerce in 2020, the retailer has invested significantly in IT infrastructure and business processes to support growth.
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Retail Navigator Analysis
Flying Tiger Copenhagen (Strategy)
Flying Tiger Copenhagen was initially conceived as a single-price value retailer, taking its original name – Tiger – from the Danish pronunciation of ten krone. Whilst still value focused, its product offering has evolved into an eclectic range of quirky multi-priced products.
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Retail Navigator Analysis
Supply chain at Flying Tiger Copenhagen
An efficient logistics operation is a cornerstone of the business and Flying Tiger Copenhagen (FTC) works with a number of third-party logistics providers to ensure scalable and cost-efficient operations around the globe.
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Retail Navigator Analysis
Flying Tiger Copenhagen (Outlook)
Flying Tiger Copenhagen (FTC) is going forward under new ownership from 2021. Martin Jermiin remains at the helm as CEO, but now with a significant stake in the company he is running.
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News
Flying Tiger calls time on store openings after profits hit
Flying Tiger Copenhagen has halted UK store openings after a plunge in profits.
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Gallery
First Look: New Mothercare rival ÏD Kids launches in UK
This week marks the UK debut of ÏD Kids and Retail Week had an exclusive first look at the store, next to ailing Mothercare in Southside shopping centre, London.
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News
Tiger founder to launch new kids and toys chain in UK
Tiger’s founder will launch a new kids and toys retailer on the British high street, opening the first store in London next month.
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Analysis
The disruptors: Who are the new value retail players?
The value sector is the latest focus of Retail Week’s ‘The disruptors’ series, which looks at the businesses creating waves across the industry.
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News
Move of the week: Bier’s Flying Tiger Copenhagen return
There’s a received wisdom in the sporting world that you should never go back to your old team in a bid to recapture former glories – think Kevin Keegan at Newcastle or Kenny Dalglish at Liverpool.
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News
Tiger’s former UK owner Philip Bier returns to the helm
Flying Tiger Copenhagen’s UK co-founder Philip Bier has been appointed as executive chairman of the business less than a year after selling his stake.