Category Archives: International

”An attempt to hijack Stockmann”

      Comments Off on ”An attempt to hijack Stockmann”

A power struggle has emerged within Stockmann. According to the KSF-owned Hufvudstadsbladet, largest shareholder Hartwall wants to combine the share series and thus reduce the Finnish-Swedish interests of power in Stockmann…. Read more »

Kesko joins ICA for international home and specialty goods sourcing

      Comments Off on Kesko joins ICA for international home and specialty goods sourcing

Kesko partners up with Swedish ICA’s international ICA Global Sourcing (IGS) in international purchasing for Kesko’s home and speciality goods trade, to an extent of which is unprecedented in the history of Kesko. The… Read more »

Arla to switch management team and fire 500 people

      Comments Off on Arla to switch management team and fire 500 people

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 »

Former Google CEO to H&M board

      Comments Off on Former Google CEO to H&M board

H&M’s nomination committee has proposed two new members of the board of directors, the former Nordic director of Google, Stina Honkamaa Bergfors, and the lawyer Erica Wiking Häger. ”From her various… Read more »

Elkjøp’s Nordic Christmas – up 3 percent

      Comments Off on Elkjøp’s Nordic Christmas – up 3 percent

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

      Comments Off on Bianco Footwear sold to Bestseller

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 »

Coop took legal actions against unauthorized competitions

      Comments Off on Coop took legal actions against unauthorized competitions

Online competitions misusing different brands has escalated – and customers disappointment damages the real brand name. Now Coop has made a larger research of unauthorized competitions using Coop’s brand on behalf… Read more »

DHL to relocate all international customer service to Jönköping

      Comments Off on DHL to relocate all international customer service to Jönköping

DHL reorganizes its international customer service in Sweden – drops Helsingborg for Jönköping. DHL Freight centralizes its international customer service in Sweden to Jönköping. As a consequence, the 30 employees in Helsingborg… Read more »

Kesko’s sales increased in in all divisions

      Comments Off on Kesko’s sales increased in in all divisions

Kesko Group’s sales in December 2015 totalled 781.8 million EUR. In comparable terms excluding Anttila, sales increased by 3.0 percent in local currencies. “In December, Kesko’s sales increased in all divisions, especially… Read more »

Clas Ohlson increased Christmas sales by 13 percent in Finland

      Comments Off on Clas Ohlson increased Christmas sales by 13 percent in Finland

Clas Ohlson sales increased by 5 percent in December to 1,114 MSEK (1,066). In local currencies, sales increased by 7 percent. Total sales during the first eight months of the fiscal… Read more »