“…Bright spots in a severely negative market were our lower inventory levels and that growth in eCommerce has continued in line with the strong trend of 30-40-per cent we saw in the past year...”
Read the full CEO statement in the report.
For more information
Danny Feltmann, President and CEO. Tel +46 31 771 5661.
Tommy Svensson, Acting Chief Financial Officer. Tel. +46 31 771 56 57.
Charlotte Högberg, Head Corporate Communications, +46 704 715 631, firstname.lastname@example.org
KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with 370 KappAhl and Newbie stores, including Shop Online, in Sweden, Norway, Finland, Poland and Great Britain. Our business idea is to offer value-for-money fashion of our own design to the many people. Sustainability-labeled fashion accounts for 53 per cent of the range. Sales for 2016/2017 totaled SEK 4.9 billion and the company has approx. 4,000 employees in ten countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com