Stockmann’s revenue was down in the first quarter, mostly due to the timing of the Crazy Days campaign in the department stores. But now the loss-making divestments are completed. ”The Hobby… Read more »
Stockmann has signed an agreement to sell the business operations of Hobby Hall to the Finnish SGN Group. ”We want to build a multichannel operation that will consolidate its position in… Read more »
With change of month for the Crazy days campaign, the Stockmann Group’s sales in March were down by 26.9 percent and amounted to 84.0 million EUR in the continuing product areas and businesses…. Read more »
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 »
Lauri Veijalainen has been appointed new Chief Financial Officer of the Stockmann Group. He will succeed Pekka Vähähyyppä who will leave Stockmann in August 2015. Lauri Veijalainen is currently Deputy Director for… Read more »
Today Stockmann Group launched it’s new organisation and team leaders. The new operating structure has three divisions – Stockmann Retail, Real Estate and Fashion Chains – starting 1 January 2015.