ABOUT DESA

DESA is Turkey's leading leather and leather goods manufacturer and retailer, completing its vertical integration with operations including a leather tannery, design and production of bags, accessories, women's and men's clothing, as well as distribution through both wholesale and retail sales channels. DESA alone accounts for 70% of Turkey's leather haberdashery product exports to Italy. The company boasts a total of 115 stores and approximately 120 sales points worldwide for its NINETEENSEVENTYTWO brand. With a 20,000 m² tannery in Çorlu and production facilities spanning 27,000 m² in Istanbul and Düzce, the company provides integrated solutions to numerous international luxury brands like Prada and Miu Miu. In Poppi, Arezzo, within Italy's Casentino Valley, DESA operates a new facility established on a 5-acre plot with 1,896 m² of indoor space, commencing production and R&D activities in early May 2023.

DESA has been listed on Borsa İstanbul under the "DESA" code since May 2004. As of March 31, 2023, DESA's total assets have reached 930 million Turkish Lira, with total revenues of 430 million Turkish Lira. On June 22, 2023, 62.67% of the company belongs to Çelet Holding, 10.0% to Melih Çelet, 5.08% to EVLI Emerging Frontier Fund, 0.8% to other partners, and the remaining 21.45% is publicly traded.

As of July 28, 2023, DESA's market value is 4.2 billion Turkish Lira.

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