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Turkish clothing company From Wikipedia, the free encyclopedia
Koton is a Turkish multinational clothing company.[1] As of 2015, the chain had over 480 retail stores in 28 countries.[2]
Industry | Clothing |
---|---|
Founded | 1988 |
Headquarters | Istanbul, Turkey |
Number of locations | 480+ stores (2019) |
Area served | Worldwide |
Key people | Gülden Yılmaz |
Products | Clothing |
Owners | Gülden Yılmaz |
Number of employees | 11,500 |
Website | www |
Koton started in 1988 with a 25-square-metre (270 sq ft) store in Kuzguncuk.[3] On May 10, 2024, the company went public with the code "KOTON" and started trading on Borsa Istanbul on July 9, 2024. The public offering size of the company, of which 16.5 percent of its shares were listed on the stock exchange, was 4.17 billion liras.[4]
Koton has stated that it plans to increase its use of recycled materials in packaging by 50% in 2024. It also plans to use only renewable energy in its facilities by 2023, and be carbon neutral by 2040.[3]
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