By Reuters Published Aug 5, 2024 Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said on 5 August, joining the ranks of Western brands to exit the Russian market over the war in Ukraine. Reuters The German fashion company suspended its retail business in [...]read moreHugo Boss sells Russian business to wholesale partner Stockmann
Lindex Group has reported underlying revenue growth for its first quarter but said the result was dented by the timing of its Crazy Days sales campaign and freight costs. Lindex The company used to be known at Stockmann after its famous Finnish department stores, but recently renamed to reflect its bigger and more successful Lindex [...]read moreLindex continues to grow but Stockmann is still struggling
Stockmann Group has been talking about it for some time and now it’s finally happened. The company originally named after its famous Scandinavian department stores business has become Lindex Group. Lindex The move reflects the growing importance of its more successful womenswear brand. The company will be Lindex Group Oyj in its native Finland, Lindex [...]read moreStockmann formally changes name to Lindex