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Archive | International

Coop Soner Sevin

Coop took legal actions against unauthorized competitions

Online competitions misusing different brands has escalated – and customers disappointment damages the real brand name. Now Coop has made a larger research of unauthorized competitions using Coop’s brand on behalf of its members and other customers who have been duped online. ”Frivolous campaigns that we are talking about here contributes to creating further uncertainty to […]

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DHL to relocate all international customer service to Jönköping

DHL reorganizes its international customer service in Sweden – drops Helsingborg for Jönköping. DHL Freight centralizes its international customer service in Sweden to Jönköping. As a consequence, the 30 employees in Helsingborg will be given notice, including 20 people of permanent employment. In Jönköping, at least 15 new employees to be recruited. ”With a centralized customer service function in […]

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Kesko’s sales increased in in all divisions

Kesko Group’s sales in December 2015 totalled 781.8 million EUR. In comparable terms excluding Anttila, sales increased by 3.0 percent in local currencies. “In December, Kesko’s sales increased in all divisions, especially in the car trade and the home improvement and speciality goods trade. Sales grew also in the grocery trade, although prices continued to decline further,” […]

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Stockmann Moskva

Lindex’s excellent Christmas sales lifts Stockmann in December

The Stockmann Group’s sales in December amounted to 173.7 million EUR, of which retail sales under the Stockmann and Lindex brands, excluding Russia and the product areas the company has withdrawn from, amounted to 146.0 million. Sales in the continuing product and market areas were up 1.6 percent due to Lindex’s excellent Christmas sales. The […]

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Exterior view of H&M store in Stockholm, Sweden. Photographer: Mattias Bardå/H&M

H&M December sales stronger than expected

The H&M group’s sales including VAT increased by 10 percent in local currencies in December 2015 compared to the same month last year. The increase was lower than in the same period last year but beat analysts’ expectations of 8.6 percent. The trading shares immediately went up over 3 percent. The total number of stores amounted […]

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Clas Ohlson, Ealing UK.

Clas Ohlson increased Christmas sales by 13 percent in Finland

Clas Ohlson sales increased by 5 percent in December to 1,114 MSEK (1,066). In local currencies, sales increased by 7 percent. Total sales during the first eight months of the fiscal year (May to December 2015) increased by 5 percent to 5,540 MSEK (5,269). In local currencies, sales increased by 7 percent. Growth in Finland was […]

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Indiska applies for reconstruction

Indiska has submitted an application for reconstruction. A weak autumn and Christmas sales have worsened the situation of the pressed fashion and interior design chain. “In order to realize Indiska’s potential, we need to jointly implement the change plan developed and it is only possible during a reconstruction,” says newly appointed CEO David Rönnberg. Several unprofitable stores […]

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Danish e-commerce consumption to reach new milestone in 2016

Danish ‘purchases online continues to experience double-digit growth and rounded, according to Danish Chamber of commerce, 90 billion DKK in 2015. For 2016, the Danish industry expects that e-commerce in goods and services will exceed 100 billion DKK. At the same time, the international competition is a serious threat towards Danish e-commerce business. (more…)

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NA-KD 2015-12-23 kl. 01.57.36

New online market place to offer free platform and logistics for fashion stores

The new fashion online site NA-KD has now acquired retailer number three and four as they buy up two online stores Inspo and Imso, both of which sell clothes to young women. Meanwhile, founder Jarno Vanhatapio reveals more about the strategy behind NA-KD – that in addition to pure acquisitions will offer a full-scale e-commerce platform – from IT […]

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Kesko’s buildingware best performer in November

Kesko’s sales increased in November by 1.7 percent in local currencies. “Kesko’s sales increased particularly in Finland in the building and home improvement trade and in sports trade. In the grocery trade, sales were at the level of the previous year and the general decline in prices continued”, says Kesko’s President and CEO Mikko Helander. In Kesko’s grocery […]

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Lidl: This is how we’ll use yesterday’s party in our marketing

The Nobel party is over. But for Lidl it has just begun. An entire marketing budget was hanging on to yesterday evening being a great success. The marketing manager Caroline Forsshéll now tells how yesterday’s Le Bon banquet was documented and will be used in marketing for at least a year forward. “It was an […]

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David Rönnberg

Indiska recruits external CEO

Fashion and interior decorating chain Indiska takes in an external CEO. Current president, Sofie Gunolf, takes a step back to become manager for purchasing and production. “The company has huge potential and I am glad of the opportunity and confidence to work with Sofie and the rest of the founding family to develop Indiska,” says David Rönnberg. […]

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Ikea’s revenue 2015: 32.7 billion EUR

Ikea Group’s net income landed at 3.5 billion EUR for the fiscal year 2015th. Most of the growth is from comparable stores, but also new stores and continued development of e-commerce has contributed to the result. Although growth is evenly distributed across most markets, Germany shows record growth while southern Europe is a positive development. The […]

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Tesla charge

Kesko to provide free charging points for Tesla

A hybrid car and a contactless loyalty card is the new high tech sustainable offer for Finnish consumers from Kesko. Owners of both will soon be able to charge their cars for free in three regions while doing their grocery shopping. After one hour of charging, the car is set for approximately 100 kilometers more. (more…)

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Clas Ohlson, Ealing UK.

Clas Ohlson set November record

Clas Ohlson had a highly favourable start to Christmas shopping. Sales in November increased by 8 percent to 809 MSEK, with a particularly favourable performance in Finland where sales increased by 19 per cent in local currency. CEO Klas Balkow says weakening currencies is a challenge, but earnings is on par with the preceding year’s level. (more…)

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IKEA to share 105 million EUR extra with employees

IKEA gives its employees 105 million EUR extra this year in future pension provision, distributed to 128,000 people in 43 countries. For the Nordics, this means 14,000 SEK, 14,582 NOK, 11,233 DKK or 1176 EUR per full-time working person. ”All employees who’s worked five years of operation, or more, are qualified,” says HR director Karin Bergman. […]

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Nelly-founder acquires Rut & Circle

Jarno Vanhatapio, founder of e-commerce sites and, acquires the Rut & Circle-operations, including the brands, e-commerce store and wholesale business through his new company NA-KD. “Agents, dealers or customers will not notice much difference in the business. Neither the price or fashion scene will change. It’s business as usual! “says Jarno Vanhatapio. (more…)

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