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Tag Archives | Seppälä

Seppälä

Seppälä buyers says stores will be more unique to conquer female costumers

Stockmann’s fashion chain Seppälä will have a new owner in April. CEO Eveliina Melentjeff and her husband Timo Melentjeff will take take over the chain in a management buyout. ”This will cover 82 stores in Finland and 20 in Estonia and secure the continuity of the Seppälä brand and its over 80-year heritage,” says Eveliina Melentjeff. […]

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Weak exchange rates affected Stockmann negatively

The Stockmann Group’s revenue was down 9.1 percent on the previous year and amounted to 138.5 million EUR  in August 2014. Weak exchange rates of the Russian rouble, Swedish krona and Norwegian krone continued to negatively affect euro-denominated revenue. Revenue at comparable exchange rates was down 6.3 per cent. The Department Store Division’s revenue was […]

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