Danish fashion brands Bruuns Bazaar & BZR survives as Hanssen brands buy both brands.
With a new Chairman, the turnaround specialist Per Thelin leaves his position as Stockmann’s CEO only 17 months after he took the job. ”The agreed strategic actions – in particular the divestments… Read more »
Fashion chain Brothers’ new move is a more personal shopping experience. Seven stores will now offer a free bookable hour of dedicated time with a seller.
Laura Kiianlinna-Tunkelo has been appointed Country Manager for KappAhl in Finland and will from 4 April lead and develop the sales organization in KappAhl’s 60 stores in Finland. She has extensive… Read more »
Clothes chain Moss Copenhagen has gone bankrupt, but survives with new management and new owners. All the 12 stores in the chain continues. ”No one will be laid off because of… Read more »
Venue Retail Group, with brands like Accent, Rizzo and Morris, cuts deep in the business, 35 stores will be closed and the owners must add 132 million SEK.
Kids premium fashion chain Polarn O. Pyret acquires 51 percent of the shares in Kids Company Oy in Finland. ”We have established a solid plan to increase the number of… Read more »
Sister brands Addnature and Bikester deepen their cooperation and launch a joint concept store in Stockholm on 1 April. For the two e-commerce stores, it adds a new contact with… Read more »
MQ acquires the Swedish Joy-chain with 54 stores. ”Women in the 50+ age group account for more than half of the Swedish womenswear market and are today the market’s fastest… Read more »
Lindex launches the opportunity to shop via Instagram.
The impact of a weaker Norwegian currency leaves its marks on Norwegian fashion industry. Moods of Norway and GinaTricot got the biggest downturn among the major players in the Norwegian… Read more »
Despite a 10 percent growth in February, H&M reported sales under the analysts’ forecasts.
Swedish global fashion portal NA-KD.com partnership with LinkedIn Sweden’s Welcome Talent-program. The idea is to make it easier for newcomers to find internship. ”We’ve already received 50 applications the first… Read more »
Sportamore is Sweden’s best e-commerce site. This, according to Internetworld who’s traditionally named a top 100 list of Swedish websites.
Despite an extra day in February, Stockmann’s sales were down by 2.9 percent in February. Lindex grew by 3.2 percent.
Lindex CEO Ingvar Larsson has been named Manager of the Year in Sweden. The award was announced at a Gala at the Grand Hotel in Stockholm.
Style index from Svensk Handel Stil shows that sales of clothing in the Swedish dealer channel, measured in comparable units and in current prices, rose 3.2 percent in February compared… Read more »
The Danish fashion house Bruuns Bazaar filed for bankruptcy yesterday after a failed recovery attempt of the company. ”We were halfway through a turnaround,” states the company.
Gränby, the regional center in Uppsala, expands further. A new fashion walk in the old Systembolaget is launched this spring. Here are the stores that are first to open.
Eroglu Holding, owners of Mexx since last year, has decided to discontinue operations of Mexx in Norway. The office in Sagene in Oslo was closed on 1 March.
Fashion chain Uno Denmark, with 35 stores in the Nordic region, is bankrupt.
Varner Group is growing in Sweden. But one chain goes against the positive development Now all stores in the Solo-chain will be shut down.
The Swedish P2P-payment solution Swish is gaining ground among the larger chains. Lindex now offers its customers the payment option for an order at Lindex e-commerce to increase the flexibility and freedom… Read more »
Göran Bille steps down as CEO Gina Tricot, 1.5 years after he took office. “I work in February, so on Tuesday I’m not there.” Göran Bille tells Borås Tidning. Instead,… Read more »
The upgrade of the Myyrmanni shopping center is ready to be presented. A new S-market, a modernized restaurant and café offering and new establishments from Jysk and Seppälä are the news.
40-year-old fashion brand Boomerang is investing heavily in a new approach, new stores and new markets. New contracts have been signed in China and Norway.
Crisis chain Indiska makes an effort to increase the company’s e-commerce. Now the fashion company recruits Niclas Hemminger from Consortio Fashion Group as Head of Indiska’s online expansion.
Christina Tillman resigns as President of interior design and fashion company Gudrun Sjödén after just over a year on the position. ”As I see it, there can only be one CEO… Read more »
Stockmann makes an expected loss for 2015 – but for the last quarter, the operating result excluding non-recurring items was back to profit, 18.5 million EUR (11.2 million). ”Stockmann’s… Read more »
The H&M group’s sales including VAT increased by 7 percent in local currencies in January 2016 compared to the same month last year. That was according to the forecast. At… Read more »