Tag Archives: Stockmann

Stockmann Chairman to resign due to ownership battle

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The owner battle of Stockmann continues. The chairman Kaj-Gustaf Bergh is leaving his post – and former CEO of Finnair, Jukka Hienoen, is suggested to suceed him. “It is better… Read more »

”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 »

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 »

Breakthrough: Stockmann to sell Russian department store business to Debenham’s franchisee

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  Now Stockmann has signed an agreement to sell its Russian department store business to Reviva Holdings Limited, which is the owner of Debruss, the Russian franchisee of the international… Read more »

Stockmann to outsource space to Musti & Mirri – gets pet grooming services

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Stockmann believes pet supplies chain Musti & Mirri will serve the Helsinki flagship’s customers better. That makes it the fifth partner to move in as a large shop-in-department store solution, following Expert, Hamleys, Bonnier… Read more »