Finnish textile and fashion firm Marimekko Corporation is expecting full-year net sales growth to be lower than last year and profits to fall slightly, after a weak final quarter.

A weaker-than-expected performance in the last quarter is due to a significant decrease in sales in Finland and abroad in November and December, the company said.

Despite a substantial promotional delivery in Finland and the opening of two new Marimekko concept stores in Japan, wholesale sales have been lower than anticipated. Own retail store sales have also declined.

In a separate announcement Marimekko said that its marketing director Kirsi Räikkönen will leave the company on 28 February 2009.

Malin Groop has been appointed as the company's marketing Manager as of 7 January, and she will assume responsibility for the company's marketing on 28 February.