SWEDEN: Clothing Chain Lindex Up 16.9 Per Cent Over Nine Months
In its nine-month report, Swedish clothing retail chain Lindex reveals that profit after financial items increased by 16.5 per cent and amounted to SEK 234M (201). Profit after financial items in the Nordic countries rose by 23.2 per cent and amounted to SEK 310M (252). * In the third quarter of the financial year, profit after financial items increased by 12.4 per cent and amounted to SEK 59M (53). Profit after financial items in the Nordic countries for the same period rose by 20.3 per cent to SEK 90M (75). Lindex continues to take market shares on all geographic markets. * Lindex's sales in the first nine months of the financial year increased by 14.0 per cent to SEK 3,061M (2,685). Same-stores sales rose by 5.5 per cent (5.9). New stores contributed a sales increase of 8.5 per cent (6.2). Same-stores sales increase in Germany in the third quarter of the financial year amounted to more than 30 per cent. * In total, 26 (19) new stores were opened during the first nine months of the financial year, of which 13 (4) in Germany. * Lindex opens yet another establishment region in Germany, in Berlin. The first rental contract has been signed for a store with a prime location in Kurfurstendamm which is planned to open during November 2000.Lindex is a retail chain with 325 stores, of which 301 on the Nordic market and 24 stores in Germany. The Group's product segments are ladies' wear, lingerie, children's clothing and Lindex Care - cosmetics and bodycare products. Please visit
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
Paid just-style members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
- Trump blows the case for Brexit out of the water
- How to ensure sustainability is more than a slogan
- Steps to piloting living wage in garment factories
- Duty-free trade key to build Africa supply chains
- Bangladesh slips as US imports decline in October
- Taiwan textile maker investing in first US plant
- Outdoor apparel sector set for double-digit growth
- US Q3 in brief – Destination Maternity, Cherokee
- World cotton price prospects lifted again
- Adidas NYC flagship raises the bar on sport stores