KappAhl CFO Anders Düring to leave the Group

Mölndal, Sweden, 2017-Jul-27 — /EPR Retail News/ — Anders Düring will leave his position as CFO and member of the KappAhl Group Management in favor of a position outside of KappAhl. The company has initiated a recruitment process to find his successor.

Anders Düring remains as CFO during his term of notice.

“I regret that Anders chooses to leave KappAhl but understand and respect his decision. Anders has had a constructive and important role in the change process that has taken place over the past years,” says Danny Feltmann, President and CEO of KappAhl.

This information is information that KappAhl AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of President and CEO Danny Feltmann, at 08.45 pm CET on 24 July 2017.

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 370 stores in Sweden, Norway, Finland and Poland as well as Shop Online. Our mission is to offer value-for-money fashion of our own design with wide appeal. More than half of the range is sustainability labelled. In 2015/2016 sales were SEK 4.7 billion and the number of employees was about 4,000 in nine countries. KappAhl has been listed on Nasdaq Stockholm since 2006. More information is available at www.kappahl.com

For further information:
Danny Feltmann
President & CEO
Tel 46 31 771 5661.

Source: KappAhl