Anders Wiberg, the CEO of Swedish children's clothing business Polarn O. Pyret, has announced his decision to step down.

Wiberg steps down in November after three years in the role to join accessories firm Efva Attling. He has held a number of positions within parent company RNB since joining in 2009.

Efforts to find his successor have been initiated, the company said, and will be completed before Wiberg departs.