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Lindex

Stockmann Group

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


Lindex CEO Larsson steps down

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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