LC Waikiki

LC Waikiki
Company typePrivate
IndustryRetail
Founded1988 (1988)
FounderGeorges Amouyal
Headquarters
Istanbul
,
Turkey
Number of locations
Increase 1,300 (2024)[1]
Area served
Worldwide
Key people
Vahap Küçük (chairman); Mustafa Küçük (CEO)
ProductsClothing
RevenueIncrease US$4.92 billion (2024)
OwnerLC Waikiki Mağazacılık
Number of employees
Increase 55,000 (2024)[2]
SubsidiariesXSIDE; LCW Home
Websitewww.lcw.com
Footnotes / references
Exports: US$1.2 billion (2024).[3]

LC Waikiki (stylised LCW) is a Turkish ready-to-wear clothing and lifestyle retailer headquartered in Istanbul. The brand was founded in France in 1988 and became Turkish-owned in 1997 after acquisition by Tema Tekstil (Taha Group).[6] The name combines LC for the French phrase Les Copains (“friends”) with “Waikiki,” referencing the beach in Hawaiʻi.[7]

History

Founded in Paris in 1988 by Georges Amouyal, LC Waikiki was acquired by Türkiye’s Tema Tekstil in 1997 and restructured in Istanbul.[8] The company’s early identity featured a chimpanzee mascot, prominent in its 1990s branding.[9] Its 1,000th store opened in Kyiv in 2020.[10]

Operations

LC Waikiki reported net sales of approximately US$4.92 billion (₺144.7 billion) and exports of US$1.2 billion*for 2024, employing around 55,000 staff and managing over 1,200 stores.[11] Independent media coverage cites a turnover of about US$7.04 billion (₺207 billion) in 2024 a 55 % year-on-year increase.[12]

Global Presence

As of 2024, LC Waikiki operates ~1,300 stores across 61 countries on five continents, including new entries in Chile, Guatemala, Côte d’Ivoire, Somalia, and Mongolia.[13][14][15][16]

E-Commerce

In 2024, LC Waikiki’s e-commerce site lcwaikiki.com achieved first-party net online sales of US$163.1 million, primarily within the fashion sector.[17]

Ownership

Ownership breakdown: Küçük Family 47.49 %; Dizdar Family 35.22 %; Kısacık Family 7.21 %; Amouyal Family 6.50 %; Others 3.59 %.[18]

References

  1. ^ "Turkish clothing giant LCW hints at potential to reopen Syria stores". Daily Sabah. 23 December 2024. Retrieved 9 August 2025.
  2. ^ "About Us". LC Waikiki Corporate. Retrieved 9 August 2025.
  3. ^ "About Us". LC Waikiki Corporate. Retrieved 9 August 2025.
  4. ^ "About Us". LC Waikiki Corporate. Retrieved 9 August 2025.
  5. ^ "Turkish clothing giant LCW hints at potential to reopen Syria stores". Daily Sabah. 23 December 2024. Retrieved 9 August 2025.
  6. ^ "History". LC Waikiki Corporate. Retrieved 9 August 2025.
  7. ^ "How LC Waikiki Made a Turkish Sheepherder Super Rich". Bloomberg. 9 March 2016. Retrieved 9 August 2025.
  8. ^ "About Us". LC Waikiki Corporate. Retrieved 9 August 2025.
  9. ^ Akcan, Burçe; Kazaz, Arzu (2022). "Deneyimsel Pazarlama Stratejisi Olarak Oynanabilir Reklamlar". Yeni Medya. 2022 (12): 53–78. doi:10.55609/yenimedya.1102659. Retrieved 9 August 2025.
  10. ^ "LC Waikiki opens 1,000th store in Kyiv" (Press release). PR Newswire. 26 February 2020. Retrieved 9 August 2025.
  11. ^ "About Us". LC Waikiki Corporate. Retrieved 9 August 2025.
  12. ^ "Turkish clothing giant LCW hints at potential to reopen Syria stores". Daily Sabah. 23 December 2024. Retrieved 9 August 2025.
  13. ^ "Turkish clothing giant LCW hints at potential to reopen Syria stores". Daily Sabah. 23 December 2024. Retrieved 9 August 2025.
  14. ^ Preuss, Simone (3 January 2021). "LC Waikiki opens first store in Uganda, plans further expansion in Africa". FashionUnited. Retrieved 9 August 2025.
  15. ^ "Perú: LC Waikiki llega al centro comercial Plaza Norte". Perú Retail. 9 July 2021. Retrieved 9 August 2025.
  16. ^ "Turkish retail giant LC Waikiki will launch in Chile". InvestChile. 8 November 2024. Retrieved 9 August 2025.
  17. ^ "lcwaikiki.com: eCommerce revenue analytics". ECDB. Retrieved 9 August 2025.
  18. ^ "About Us – Shareholders". LC Waikiki Corporate. Retrieved 9 August 2025.
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