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Stockmann Group

Lindex owner Stockmann files for restructuring

7 April 2020 | Michelle Russell

Stockmann Group, owner of Swedish fashion retailer Lindex, has filed for corporate restructuring due to the coronavirus pandemic having had a "significant" impact on customer volumes.... read more

Top stories this week on just-style...

7 July 2017 | Beth Wright

Top stories this week on just-style include news that 11 people were killed when a boiler exploded at the Multifabs garment factory on the outskirts of Dhaka in Bangladesh,  footwear group Clarks revealed details of a new manufacturing facility that will see it make shoes in the UK again, Mexican apparel makers are seeking an end to NAFTA's yarn-forward rule, while Target is tackling the issue of forced labour with worker surveys and has separately launched three new private label apparel brands.... read more

Stockmann speeds up turnaround with more job cuts

15 June 2016 | Beth Wright

Finnish department store retailer Stockmann Group is to appoint a new management team and reduce the number of its employees in Finland as the next step in the company's turnaround strategy.... read more

In the money: Wall Street crash knocks retail confidence

25 September 2008 | just-style.com

Last week, an unprecedented series of events in the US financial sector shook global markets, leaving retailers and brands anxious that already tough trading conditions could worsen still. Joe Ayling reports on how the Wall Street meltdown dealt a further blow to fashion operators and could mean that international expansion is the best short-term fix.... read more

Top stories on just-style this week...

9 May 2008 | just-style.com

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.... read more

SWEDEN: Q1 margin improvement at KappAhl

18 December 2007 | just-style.com

Nordic fashion chain KappAhl saw margins improve during the company’s first quarter, despite sales not quite living up to expectations.... read more

SWEDEN: Kappahl returns US$18.3m Q4 profit

3 October 2007 | just-style.com

Swedish fashion retailer Kappahl has reported operating profit of SEK119m (US$18.3m) for the company's fiscal fourth quarter, beating analysts' estimates.... read more

SWEDEN: Stockmann tables US$1.23bn offer for Lindex

1 October 2007 | just-style.com

Swedish fashion chain Lindex has received another takeover offer, this time from department store operator Stockmann, of SEK116 per share in cash.... read more

SWEDEN: Lindex tells shareholders to reject KappAhl bid

22 August 2007 | just-style.com

The board of directors at Swedish fashion retail company Lindex has recommended that its shareholders reject a SEK7bn (US$1.02bn) bid tabled for the company by rival retailer KappAhl.... read more

SWEDEN: KappAhl makes US$1.02bn offer for rival Lindex

14 August 2007 | just-style.com

Nordic fashion chain Kappahl Holding has tabled a SEK7bn (US$1.02bn) offer to buy rival Swedish retailer Lindex.... read more

SWEDEN: Lindex focuses on Baltics after resurgent Q3

26 June 2007 | just-style.com

Swedish clothing retailer Lindex Group has reported third quarter operating profit of SEK143m (US$20.75m), as it balanced the closure of its German operation.... read more

SWEDEN: Lindex profit down nearly 50% in H1

20 December 2006 | just-style.com

Fashion retailer Lindex Group suffered a dive in profit of almost 50% during its first quarter's trading, which it blamed on weakness in Germany and an unsatisfactory reaction to its summer ladies’ wear.... read more

SWEDEN: Lindex to shed loss-making German store chain

7 December 2006 | just-style.com

Fashion firm AB Lindex is selling its chain of 23 stores in Germany after it failed to live up to expectations.... read more