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November 29, 2015 10:34 PM ET

Multiline Retail

Company Overview of Stockmann Oyj ABP

Company Overview

Stockmann Oyj Abp engages in the retail trade activities in Finland, Sweden, Norway, the Baltic countries, and Central Europe. It operates in three segments: Stockmann Retail, Real Estate, and Fashion Chains. The Stockmann Retail segment operates Stockmann department stores; the Academic Bookstore; the Stockmann Beauty stores; and online stores; and Hobby Hall, a distance retailing business that provides online store and mail order services. This segment operates 16 department stores in 4 countries, which offer fashion products, cosmetics, food in Stockmann Delicatessen, and home products. The Real Estate segment leases retail space in its department stores; and...

Aleksanterinkatu 52

Helsinki,  00100


Founded in 1862

13,384 Employees


358 9 1211


358 9121 3101

Key Executives for Stockmann Oyj ABP

Chief Executive Officer
Age: 57
Total Annual Compensation: $60.5K
Compensation as of Fiscal Year 2014.

Stockmann Oyj ABP Key Developments

Stockmann Group Announces Earnings Results for the Nine Months of 2015

Stockmann Group announced earnings results for the nine months of 2015. For the first nine months in 2015, revenue of the Russian Stockmann business fell 29%, to EUR 145.6 million and operating losses stood at EUR 27.9 million.

Stockmann Oyj ABP, Revival Holdings Ltd - M&A Call

To discuss the agreement signed by Stockmann to sell its Russian department store business to Reviva Holdings Limited

Stockmann Plc Reports Sales Results for the Month of October 2015

Stockmann Plc reported sales results for the month of October 2015. For the month, the company reported the company retail's sales, excluding books and electronics in the department stores, were down by 2.7% at comparable exchange rates. Lindex's sales were up 7.8% at comparable exchange rates. Sales increased in all markets except in Russia and Poland where Lindex has closed stores during the year. Euro-denominated sales were up 4.1%. The Group's sales figures include merchandise sales exclusive VAT in the company retail's and Fashion Chains' stores.

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Recent Private Companies Transactions

June 18, 2015
Stockmann Oyj ABP, Academic Bookstore
February 2, 2015
Seppälä Oy

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