Tous: how the largest jewelry company in Spain is run

Who’s who in Tous. The family company, the largest operator in Spain in the jewelry sector, has strengthened its operational management bodies in 2023 by bringing in independent directors and external advisers. The company has a board of directors, three delegated committees and three operating committees that are responsible for managing the business.

As explained by the company in the Non-Financial Information Statement as of the year 2023, An executive committee, a product and style committee and a digital committee are the three executive bodies of the Tous family companywhose capital is the Swiss Fund Partners Group.

The first of these committees is made up of Patricia Sancho (consultant and deputy head of Temperley London), as chairman; Marta Tous, creative director; Guillermo Padelano, product director and merchandising (who joined Tous in early 2024 from companies such as Aristocrazy); Israel López, design director; Anaïs Durand, director of marketing; Noemí Ungair, decoration director, as secretary, and Raquel Carboneras, merchandising director, as permanent guest. This committee also includes Quico Vidal, founder and director of the creative agency Nadie, in the role of external strategic management.

Tous brought Guillermo Padelano, former director of Aristocrazy, into its structure at the beginning of the year

There are twelve members on the executive committee, for his part: Alba Tous, president; Carlos Soler-Duffo, CEO; Josep Maria Bosch, general manager; Rosa Tous, vice president; Núria Garrós, director of the company; Anaïs Durand, director of marketing; Giordano Reffatto, global sales director; Marta Tous, creative director; Laura Valldevilaramó, human resources; Xavier Rebés, innovation; José Antonio López Becerra, information and systems, and Guillermo Padelano.

Finally, There are seven members on the digital committee: Steven Chad, advisor, as president; Pierre Robert Eric Denis, consultant; Xavier Rebés, Carlos Soler-Duffo, José Antonio López Becerra, Berta Sanmartí and Marissa Costa.

Board of Directors

In mid-2023, Tous renewed its board of directors with the introduction of four new independent directors with experience in luxury and fashion. The new directors were Martin Brok, former CEO of Sephora; Patricia Sancho (through the company Atenea), former chief executive of Temperley London; Pierre Denis, ex-Jimmy Choo, and Steve Davis, ex-Fanatics.

These independent directors are joined by Alba Tous, a proprietary director; Carlos Soler-Duffo, CEO; Josep María Bosch, executive director; Rosa Tous, property director; Andrew Deakin, property director, and Núria Garrós, group secretary.

The board of directors has three representative committees: roles and remuneration, audit and compliance and sustainability. The first one was created in 2016; the second, in 2017, and the third, in 2020.

The company ended the 2023 financial year with a significant reduction in profit in its main market, Spain

Business development

Tous ended the 2023 financial year by significantly reducing its profit in its main market, Spain. The company reduced its results in Spain by a third, to 13.11 million euroschanged so far +48.84% compared to yesterday.

The group’s subsidiaries in China, Russia and Japan closed last year in losses, and in Mexico the company slightly increased its profit (up to 1.89 million), the same as in Poland (0.73 million) , Portugal (0.66 million) and Puerto Rico (0.5 million). In the United States, the group registered a profit of 0.77 million euros in 2023.

According to data provided by the company last April, The accumulated net profit rose to 50 million euros in 2023, which represented an increase of 40% compared to the previous fiscal year. The company achieved a turnover of 477 million euros, 6% more than in 2022.