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Tag Archives | Per Thelin

Per Thelin 15.34.56

Per Thelin: ”I completed my job faster than expected”

Stockmann’s resigning CEO Per Thelin says he completed the reorganization the Board hired him to do. But he is ready to continue as an adviser to Stockmann’s management. ”We have now taken all the big stages and completed some. Originally, we estimated that it would take two years, but we have achieved it already,” he tells FNB. […]

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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of which retail sales under the Stockmann and Lindex brands, excluding Russia and the product areas the company has withdrawn from, amounted to 146.0 million.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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Stockmann Moskva

Breakthrough: Stockmann to sell Russian department store business to Debenham’s franchisee

  Now Stockmann has signed an agreement to sell its Russian department store business to Reviva Holdings Limited, which is the owner of Debruss, the Russian franchisee of the international department store chain Debenhams. ”Stockmann is targeting a turnaround in its profitability, and therefore we have decided to withdraw from the entire Russian department store […]

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Stockmann cuts 100 jobs

Stockmann is renewing the support functions of its Retail and Real Estate businesses and its Group Administration in Finland. Now the negotiations have been concluded and 100 jobs will be reduced in support functions. “By streamlining our support function processes we can increase the agility of our operations and improve our competitiveness,” says CEO Per […]

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