Category Archives: Denmark

Citycon grew with Sektor-aquisition during 2015

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Nordic shopping center giant Citycon’s revenues increased significantly during 2015 after the aquisition of Norwegian Sektor. Like-for-like, the net rental income increased by 1.1 percent. Sweden and Norway were the… Read more »

Arla to switch management team and fire 500 people

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The Nordic, farmers’ owned, dairy giant Arla is today announcing great structural changes to its organisation, a new executive management team and a new structure resulting in that 500 roles will disappear… Read more »

Good end of 2015 for Electra Group – but decreasing profit

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The Swedish Electra Group, which recently expanded its commitment in Norway and Denmark, declined both in sales and earnings in 2015. At the same time it gains market shares mainly… Read more »

Skousen’s franchisees makes a million profit a year

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Attractive margins make many Nordic actors look at the appliances category. Recent year has seen several start ups and expansion. The Danish chain Skousen went from a problem child to a… Read more »

Swedish buildingware online specialist happy with Norway

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The online specialist Skånska Byggvaror is growing with physical stores. 2015 was the most succesful year in the company’s history. “What is particular pleasing is that our Norwegian initiative is… Read more »

Danish electronics chain in deep crisis – will Elkjøp take over?

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56 stores Danish electronics chain Fona, founded in 1926, seeks reconstruction. ”The background is the recent years’ extremely intense competition where we unfortunately have been squeezed on our earnings to… Read more »

Elkjøp’s Nordic Christmas – up 3 percent

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Elkjøp Group’s Christmas sales, including Black friday and sales period over New Year, was great in Sweden, good in Norway and tough in Denmark and Finland. That’s the conclusion after Dixons… Read more »

Bianco Footwear sold to Bestseller

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Bestseller continues the acquisition-strategy. Now the troubled shoe-chain Bianco becomes a part of Anders Holch Povlsen’s fashion empire. He says an expansion of Bianco’s online and wholesale business is on… Read more »

Stylepit replaced board and CEO

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The CEO and all directors except one at Danish online fashion player Stylepit has been replaced. It is the result after an extraordinary general meeting in Stylepit A/S.