WWOW
WOW Concept is a Madrid-based omnichannel retail company that combines large physical stores with an online marketplace, built around brand curation and in-store experiences. Its business model mixes outright purchase, consignment and dropshipping, so brands can sell without the company holding all of the inventory. It runs an eight-storey, 5,500 m² flagship at Gran Vía 18, which opened in 2022, and a second store at Serrano 52, which opened in 2023. Revenue was about €18 million in 2024 and the company expected about €30 million for 2025. It was founded in Madrid in 2020 by Dimas Gimeno, former chairman of El Corte Inglés. Funding includes a €2.8 million round with FJ Labs, a roughly €8 million round in 2022 led by FJ Labs and Athos Capital with family offices taking part, and a sale of 20% of the company to Vertical Partners, the Urrea family office. Further capital increases followed, and in 2026 the company began raising €20 million to open in Barcelona and expand digitally in Europe.
Profile updated 24 Sep 2026
Founders
Global models
Investors 3
Funding rounds 2
News & media 3
| Published | Article |
|---|---|
| 2026-08-18 |
Dimas Gimeno reorganiza Wow: fusiona sus filiales para dejar de arrastrar pérdidas y vuelve a ampliar capital ↗
El Español / Invertia
|
| 2026-02-18 |
Dimas Gimeno raises €20M to bring new investor into WOW Concept ↗
Iberian Property
|
| 2024-04-22 |
The iconic Wow Gran Vía building changes hands for €70M ↗
Iberian Property
|
