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Kenvelo

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Kenvelo in Vaňkovka in Brno.

Kenvelo is a clothing firm originally from the Czech Republic. It currently operates approximately 270 stores in 18 countries: Czech Republic, Croatia, Slovakia, Romania, Israel, Bulgaria, Russia, Austria, United Kingdom, Lithuania, Belarus, Albania, Latvia, Estonia, Malta, Ukraine, Serbia, and Germany.[citation needed]

History

History of Kenvelo dates back to December 1991, when Dany Himi and Michael Saul founded a Prague-based company CTC - SPORTWEAR.[1] Registered capital of the company was CSK 100 thousand.[1] A few months later, Israel-born Himi became the sole owner of the company[1] and gradually built a chain of clothing stores Himi's Jeans.

In 1996 Himi decided to establish a new brand to compete with well established clothing chains. His initial proposal was Josh, other managers had different proposals.[2] After each proposals, some managers said "yes" while others said "no".[2] David Dahan proposed a brand name Kenvelo,[2] a Hebrew for "yesandno" (כן ולא).

In March 1998 Himi transferred a 30% share in CTC to David Dahan, in June 1999 CTC was renamed to Kenvelo CZ.[1]

References

  1. ^ a b c d Commercial register at justice.cz, identification number (IČ) 44794436, both founders had in 1991 permanent residence in Bamberg, Germany; in October 1994 the company was renamed to CTC - SPORTSWEAR
  2. ^ a b c Marius Dragomir, The answer has been a big ´yes´, Prague Business Journal, May 2003