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Stockmann names Veijalainen as new CEO
12 September 2016 | Beth Wright
Finnish department store retailer Stockmann Group has appointed its interim chief executive officer Lauri Veijalainen to the full-time role.... read more
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
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
RUSSIA: Lindex opens St Petersburg store
15 August 2008 | just-style.com
Lindex has become the first Swedish fashion chain to have a retail presence in Russia with the opening of its new store in St Petersburg.... read more
FINLAND: Stockmann secures Russian Lindex trademark
25 October 2007 | just-style.com
Finnish department store chain Stockmann said Lindex had been registered as a trademark in Russia, clearing the way for completion of Stockmann's EUR870m (US$1.25bn) tender for the Swedish clothing retailer.... read more
FINLAND: Stockmann plans 50 Middle East stores, targets Russia
20 March 2008 | just-style.com
Finland’s Stockmann said the Swedish Lindex fashion chain it bought last year is to expand to the Middle East and Russia, with the first shops opening this year.... 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 reports 18% rise in Q4 profit
14 September 2007 | just-style.com
Swedish fashion chain The Lindex Group has posted an 18.3% rise in fourth quarter profit to SEK123m, from SEK104m in the prior year period, on the back of strong women's wear sales.... read more
SWEDEN: Lindex posts buoyant October sales
13 November 2007 | just-style.com
Swedish clothing retailer Lindex, currently the subject of a takeover bid by Finland’s Stockmann department store chain, saw like-for-like sales rise 8.5% during October.... read more
SWEDEN: Kapp-Ahl makes up for Lindex loss with pay-out
16 November 2007 | just-style.com
Swedish fashion retailer Kapp-Ahl is to return the war chest built up during its failed takeover bid for rival Lindex to shareholders by more than doubling a proposed dividend from five to 11 crowns per share.... 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
SWEDEN: Lindex to begin pilot shoe sales
28 June 2006 | just-style.com
Apparel retailer AB Lindex will start selling shoes in 50 stores in a pilot venture, the company said in its nine-month financial presentation.... read more
Lindex launches supply chain gender equality programme
7 June 2017 | Michelle Russell
Swedish fashion retailer Lindex has launched a three-year project aimed at creating gender equality and inclusiveness for women in its supply chain, starting in Bangladesh.... read more
22 August 2017 | Michelle Russell
Swedish fashion retailer Lindex has appointed Elisabeth Peregi as interim chief executive officer following the resignation of Ingvar Larsson.... read more
Lindex unveils new upcycled collection
13 March 2017 | Beth Wright
Swedish fashion chain Lindex is exploring new circular ways of working with the launch of a new collection of upcycled products that have been redesigned and remade locally in Borås, Sweden.... read more
Lindex makes "great" sustainability progress in 2016
21 April 2017 | Beth Wright
Swedish fashion retailer Lindex has hailed 2016 as a "great year of progress" with 51% of its garments made from sustainable materials last year, but admits there is still work to be done if the company is to achieve its 80% target by 2020.... read more
Lindex listed as one of top ten users of organic cotton
22 July 2016 | Beth Wright
Swedish fashion retailer Lindex has been named as one of the world's largest users of organic cotton and sustainable materials such as lyocell and recycled polyester.... read more
Lindex steps closer to closing the loop with new denim line
20 October 2016 | Beth Wright
Swedish fashion chain Lindex is a step closer to achieving its long-term ambition of closing the material loop with the launch of a new range of denim styles containing post-consumer recycled cotton.... read more
Lindex selects new software to build digital footprint
5 October 2016 | Michelle Russell
Swedish fashion chain Lindex has implemented new content management software to help speed time-to-market for its global digital e-commerce presence.... read more
Lindex moves forward on sustainable denim goals
17 February 2016 | Katie Smith
Swedish fashion chain Lindex has taken a "big step" towards its sustainability goals after revealing that the majority of its denim is now made from sustainable cotton and produced in low impact processes, saving water, energy and chemicals. ... read more
Lindex goals include supplier sustainability scorecard
29 April 2016 | Leonie Barrie
Swedish fashion retailer Lindex sold 27m garments made from sustainable materials last year, and says it is planning to launch a scorecard to rate suppliers on their sustainability performance.... read more
Lindex scales-up textile reuse and recycling scheme
17 August 2016 | Leonie Barrie
Swedish fashion chain Lindex is scaling up its textile reuse and recycling scheme to all stores in Sweden and Norway, with plans to extend the initiative to Finland later this year.... read more
New factory worker training tool launches in China
18 April 2016 | Leonie Barrie
A digital training tool designed to educate garment workers about their rights and responsibilities is being rolled out across 50 factories in China, including those used by fashion and sportswear brands including Lindex, Filippa K, MQ and Intersport.... read more
Stockmann CEO Thelin in immediate departure
4 April 2016 | Michelle Russell
Per Thelin, the chief executive of Finnish department store retailer Stockmann Group, is to leave the group with immediate effect after just one year in the role. ... read more
Lindex sets out new sustainability pledge
5 April 2019 | Beth Wright
Swedish fashion retailer Lindex has set a number of new goals to create "fair and equal workplaces for women" across its value chain – including that its top suppliers work actively with a living wage programme, and show total supply chain transparency and commitment to improving working conditions.... read more
Lindex & Asket to explore circular business models
23 October 2019 | Beth Wright
Swedish fashion retailers Lindex and Asket have become the first brands to join a global project developed by Amsterdam based social enterprise Circle Economy, which aims to accelerate the uptake of re-commerce and rental business models in the apparel industry. ... read more
Stella McCartney, Lindex among names tackling packaging supply chain
10 June 2020 | Beth Wright
Stella McCartney, Lindex, and prAna are among 11 companies that have committed to environmental not-for-profit Canopy's Pack4Good initiative, which aims to transform the impacts of the global packaging supply chain on forests.... read more
Lindex invests in female textile worker health
7 March 2018 | Michelle Russell
Swedish fashion retailer Lindex has pledged to donate 10% of its revenues during International Women’s Day (8 March) to the HERhealth project, which aims to improve health and lives of female textile workers.... read more
SWEDEN: Companies distance themselves from mulesing
6 May 2008 | just-style.com
Two Swedish clothing firms, AB Lindex and RNB Retail and Brands, have aired objections to the Australian practice of Mulesing but denied they had bowed to pressure from animal rights groups.... read more
SWEDEN: Jepson to lead expansion at KappAhl
23 January 2008 | just-style.com
Swedish fashion chain KappAhl has underlined its plans to extend its reach into new countries by appointing Hans Jepson as vice president of expansion.... 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 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: Stockmann takes Lindex holding to 96%
17 December 2007 | just-style.com
Swedish fashion retailer Lindex has announced that with its EUR870m (US$1.25bn) takeover offer from department store operator Stockmann complete, the Finnish chain had acquired more than 96% of the shares in Lindex.... 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
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