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Archive | Accessories

Indiska

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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Kusoffsky

Smart Eyes to switch key management

Optician chain Smart Eyes recently reported record results for the fiscal year 2014/2015. At the same time the company has recruited Johan Sandberg as new CFO and Niklas Odequist as Product Manager. ”Now we are strengthening up with the necessary skills to be able to continue to grow rapidly and controlled while maintaining profitability,” says […]

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Jewelery stores join forces against Pandora

Pandora’s increasingly strong position has forced a new collaboration of competitive jewelery stores. 33 Danish jewelery stores join forces in purchasing chain Jewel Time. According to the chairman of the Danish Jewel Time, Bent Brodersen, it is to meet the competition from retail. (more…)

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Skärmavbild 2015-08-31 kl. 15.58.35

Campaigns gave Finnish opticians sales a boost

Despite the tough conditions in Finnish retail, smart market moves can make a change. The opticians retail industry in Finland increased their sales during the first half of 2015 by almost five percent (4.7%) compared with the previous year’s figures. ”We have a slower growth rate in the first quarter of this year, but given […]

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Åhlens to close all stores in Norway – Lagerhaus to replace

The largest Scandinavian interior and department store chain, Åhlens, will close all 30 stores in Norway within two years. ”It is the continuing priority of the Åhléns department stores that are the basis for the decision to close down the home furnishing stores in Norway,” says Gregg Mowins, CEO of Åhléns AB. Sister chain Lagerhaus will […]

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Pandora-full-bracelet

Pandora increases revenue by 41.4 %

Pandora increase their own expectations for 2015 by adding another billion DKK to the expected revenues. This comes after a very strong Q2-report. “We are very pleased to report yet another strong quarter, both in terms of top line development and profitability. All major regions once again delivered double digit revenue growth and our focus […]

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Synoptik aquires Contacta-chain

Synoptik aquires Contacta Eye Wear and becomes the second largest optician chain in Sweden with 118 stores. Synoptik’s goal is to reach 140 stores by 2017. Contacta Eye Wear specialty is contact lenses – a priority category within Synoptik. ”The aquisition is in line with our strategy to expand through new openings and aquisitions. We […]

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Lohjan_ja_Varkauden_Synsamliikkeiden_valikoima_mon

Synsam aquires Finnish franchise stores

Nordic optician chain Synsam aquires franchising stores in Lohja and Varkaus. Synsam Finland today extended its network of owned opticians’ shops  with Lohjan Silmäoptikko Synsamin and Optisyke Synsam Varkauden The acquisition increases Synsam’s owned units in Finland to 33. Synsam Finland’s President and CEO Vesa Mars says the franchise stores buying is a natural part of the Synsam next few years […]

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Skärmavbild 2014-11-26 kl. 10.17.21

They will be clockwise in Finland

Klockkungarna, a larger retailer of watches online, targets Finland. Finland is a new market and a natural step in the expansion process of Klockkungarna. As the company already exists in Sweden, but also in Denmark and Norway, where branches have previously been established. Klockkungarna’s point is that the Finnish market is undeveloped and has the potential to […]

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