Category Archives: Fashion

”An attempt to hijack Stockmann”

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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 »

Former Google CEO to H&M board

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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 »

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 »

Stockmann to fight 19.6 million extra taxation in Finland and Sweden

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The Stockmann Group has received tax reassessment decisions from the Finnish and Swedish tax authorities requiring the Group companies to pay 19.6 million EUR in additional taxes, including punitive tax… 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.

Indiska applies for reconstruction

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Indiska has submitted an application for reconstruction. A weak autumn and Christmas sales have worsened the situation of the pressed fashion and interior design chain. “In order to realize Indiska’s potential, we… Read more »