SWEDEN: Kappahl names Johan Åberg new CEO
By Leonie Barrie | 17 October 2011
Johan Åberg has been named as the new president and chief executive officer of Nordic fashion chain KappAhl, and is set to join the company at the beginning of 2012.
He is joining the retailer from Jula AB, where he has been CEO for the past 2.5 years, and will replace Christian Jansson.
"We are very pleased to have found an experienced and competent successor in Johan," says company chairman Finn Johnsson. "His vast knowledge of the retail business and great improvements of results in the companies he has been working with will be of great value for KappAhl."
Åberg's past experience includes New Sports, H&M and Urban Outfitters.
KappAhl has more than 370 stores in Sweden, Norway, Finland, Poland and the Czech Republi, and designs and sells value-for-money fashion for women aged 30-50 years. During its last financial year the company had sales of nearly SEK5bn (US$752m), with an operating profit of SEK222m.
Companies: KappAhl, H&M, Urban Outfitters
View next/previous articles
17 Oct 2011 -
17 Oct 2011 -
Currently reading -
SWEDEN: Kappahl names Johan Åberg new CEO
Related research
Global market review of lingerie and intimate apparel – forecasts to 2017
Now in its fifth edition, just-style's global market review has become the benchmark report for anyone that needs to understand the global production and retail trends and issues that are affecting the lingerie and intimate apparel sectors....
Textiles: Global Industry Guide
This Global Industry Guide is an essential resource for top-level data and analysis covering the Textiles industry. It includes detailed data on market size and segmentation, textual analysis of the key trends and competitive landscape, and profiles ...
Related articles
There are currently no comments on this article
Be the first to comment on this article