Lindex donates 280 000 euro to STEPS and WaterAid through the One Bag Habit initiative

Lindex donates 280 000 euro to STEPS and WaterAid through the One Bag Habit initiative

The consumption of bags in Lindex Swedish stores has decreased significant since the launch of One Bag Habit on June 1, 2017. Only about 30 per cent of Lindex customers have chosen to buy a bag which means that Lindex now to donates 280 000 euro to STEPS and WaterAid.

Göteborg, Sweden, 2018-Jan-18 — /EPR Retail News/ — One Bag Habit is a joint initiative launched by Lindex, KappAhl and H&M with the aim to reduce the consumption of bags and raise awareness of bags negative environmental impact. Just like all companies that has joined One Bag Habit, Lindex charge for bags in its Swedish stores and during the first seven months only about 30 per cent of Lindex customers bought a bag.

We are very pleased with the impact that our joint initiative have had and how it contributes to a better bag consumption. The fact that two-thirds of Lindex Swedish customers have found other, more sustainable ways, to carry home their products feels great, says Anna-Karin Dahlberg, Sustainability Manager at Lindex.

Like all companies that has joined One Bag Habit, Lindex donates the surplus from sold bags to causes that drive sustainable development, within environment or social issues. The sum from the seven first months is 280 000 euro and this money will be donated to the Swedish research program STEPS and the international organization WaterAid.

Since the launch of the initiative, several Swedish companies have joined and in the beginning of 2018, Lindex in Norway, Finland, Great Britain, the Czech Republic, Poland, Slovakia and the Baltics will also start charging for the bags.

Learn more about One Bag Habit at lindex.com

SOURCE: Lindex

MEDIA CONTACT

Corporate

Eva Jonasson, Media Relations Responsible
E-mail: press@lindex.com
Phone: +46 31 739 50 60

KappAhl and Ekoligens developed innovative hangers produced using recycled paper

KappAhl and Ekoligens developed innovative hangers produced using recycled paper

 

Mölndal, Sweden, 2017-Nov-17 — /EPR Retail News/ — Through an exclusive partnership, KappAhl and Ekoligens AB have developed innovative hangers produced using recycled paper. Now these hangers, EcoligentPaper, are being used to display KappAhl’s Limited Edition collection.

“We are very happy to have developed a hanger that is smart, cost-efficient and sustainable alongside Ekoligens. Sharing knowledge with our partners in order to develop sustainable solutions is an important part of our ambition to make a circular fashion industry a reality,” says Fredrika Klarén, sustainability manager at KappAhl.

A renewable, economical and intelligent clothes hanger

In this collaboration, KappAhl has shared its expertise on what a hanger needs to be functional at all stages of the production chain, including questions of handling, logistics and waste in a large-scale fashion industry.

For Ekoligens, the EcoligentPaper clothes hanger is proof that a simple shift in materials can not only make for a functional and more sustainable product; it can also be a strong branding tool.

“We are very proud to be working with KappAhl, a company with such a strong focus on sustainability. Together, we are looking forward to further developing this next generation of hangers,” says Patrik Enbacka, CEO at Ekoligens AB.

The EcoligentPaper hanger is made of recycled paper from the Swedish paper industry and recycled metal parts. Every stage of the hanger’s production has a strong environmental focus, taking into account its entire life cycle. By using this innovative hanger to display its sustainable Limited Edition collection, KappAhl will save up to 1.1 tonnes of plastic.

Ekoligens AB’s business concept is to create innovative products and materials with sustainable, environmental and financial business benefits. For more information, visit www.ekoligens.se

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 nine countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com

Download file: 171115 Unique, innovative hangers to display KappAhl’s sustainable collection

For more information:
Fredrika Klarén
Sustainability Manager
KappAhl
Tel. +46 (0)704-71 55 58
fredrika.klaren@kappahl.com

Patrik Enbacka
CEO
Ekoligens AB
Tel. +46 (0)70-610 29 08
patrik@ekoligens.se

Source: KappAhl

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KappAhl estimates lower operating profit for the first quarter 2017/2018

KappAhl estimates lower operating profit for the first quarter 2017/2018

 

KappAhl AB (publ.) estimates that their operating profit for the first quarter 2017/2018 will be lower than the first quarter 2016/2017.

Mölndal, Sweden, 2017-Nov-15 — /EPR Retail News/ — Sales during the quarter has not lived up to our expectations so far. This is mainly depending on our price- and campaign strategy that has not given the effect we wished for in the tough market climate during the fall, says KappAhl’s President and CEO Danny Feltmann.

KappAhl estimates that the operating profit for the first quarter 2017/2018 will be approximately 100 MSEK, compared to 145 MSEK for the first quarter 2016/2017.

Sales during the quarter has not lived up to the company’s expectations so far. A lower consumption in general during the warm fall has resulted in reduced traffic.

– With these insights we see that we did not adapt our price- and campaign strategy, aiming to increase full price sales, quickly enough. Going forward we will adjust our price- and campaign strategy at a pace more adapted to the market as well as keeping a continued good cost control, says Danny Feltmann.

KappAhl’s financial report for the first quarter, September-November 2017, will be published as planned on 20 December at 07.30, followed by a telephone conference at 09.00 o’clock the same day.

This information is information that KappAhl AB is obliged to disclose pursuant to the EU Market Abuse Regulation. The information was released for public disclosure through the agency of President and CEO Danny Feltmann on 13 November 2017 at 07.30 CET.

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 nine countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com

Download file: 17113 KappAhl estimates lower sales during the first quarter

For further information:
Danny Feltmann
President and CEO.
Tel. +46 317 715 661

Anders Bülow
Chairman of the Board of Directors
Tel +46 706 610 988.

For company information and photos:
Charlotte Högberg
Head Corporate Communications
Tel. +46 704 715 631
charlotte.hogberg@kappahl.com

Source: KappAhl

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KappAhl releases Annual & Sustainability Report 2017

KappAhl releases Annual & Sustainability Report 2017

 

Mölndal, Sweden, 2017-Nov-09 — /EPR Retail News/ — In the report, President and CEO Danny Feltmann summarizes the year with the words “We have confirmation that our efforts are having effect and our development work is now continuing at a sustained pace. The pace of investment will continue to be high as we adapt the store network and develop omni-channel services. In addition, Newbie Stores continues to expand in both existing markets and the UK. A guiding star in the ongoing work is the right fashion for our customer, when and how the customer chooses. KappAhl is to be be our customer’s first choice! ”

In brief the past year summes up as follows

  • Success factors including active work on price and campaign strategies and good cost control have affected the result positively. The operating margin was 9,1 per cent.
  • The Newbie brand is successful on its own. Seven new Newbie Stores opened in Sweden, Norway and Finland. It was decided that in the autumn of 2017, Newbie Store will open in Poland and the UK, which was also carried out after the end of the fiscal year.
  • Digital development is moving forward, including customer-appreciated services like Click&Collect and Shop Online in Store.
  • The continued prioritized sustainability work has been strengthened with the new Responsible Fashion sustainability strategy. The proportion of sustainably labelled fashion has increased to 53 (38) per cent. The launch of One Bag Habit together with industry colleagues reduced the use of bags by over fifty percent in the first three months, June-August.

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 nine countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com

For more information:
Charlotte Högberg
Head Corporate Communications
Tel. 46 (0)704-71 56 31
e-mail charlotte.hogberg@kappahl.com

Source: KappAhl

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KappAhl announces proposal of share split and reduction of share capital through an automatic redemption procedure

Mölndal, Sweden, 2017-Oct-12 — /EPR Retail News/ — The Board of Directors of KappAhl AB (publ) has decided to propose to the Annual General Meeting on 5 December 2017 to make a decision about a share split and reduction of the share capital through an automatic redemption procedure. Through the redemption procedure approximately SEK 500 million will be transferred to KappAhl’s shareholders, corresponding to SEK 6.50 per share.

The proposal means that each KappAhl share will be split into two shares, of which one will be a redemption share. The redemption shares will then automatically be redeemed against a cash redemption payment of SEK 6.50 per share. Lastly, KappAhl’s share capital will be restored to the original amount through a bonus issue without issuing new shares. In order to carry out the redemption procedure the Board also proposes that the provision in the Articles of Association concerning the maximum and minimum number of shares is changed.

The share split and redemption procedure will take place automatically without the shareholder needing to take any action. The cash redemption payment is expected to take place during February 2018. The automatic redemption procedure is proposed in addition to the ordinary dividend communicated in the 2016/2017 year-end report.

Further information about the proposal will be included in the notice to attend the Annual General Meeting, which is expected to be published on 3 November 2017, and in the information brochure regarding the redemption procedure, which is expected to be published on 14 November 2017.

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 the contact person set out below, at 07.31 CET on 12 October 2017. 

For further information, please contact
Anders Bülow, Chairman of the Board, T. +46 706 610 988
Charlotte Högberg, Head Corporate Communications, T. +46 704 715 631, charlotte.hogberg@kappahl.com

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with 370 KappAhl and Newbie stores and Shop Online in Sweden, Norway, Finland and Poland. 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 nine countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com

SOURCE: KappAhl

KappAhl to release full year result 2016/2017 on Thursday 12 October

Mölndal, Sweden, 2017-Oct-05 — /EPR Retail News/ — A presentation of the report will be held for analysts, the media and investors on the same day at 09:00 (CET) at Helio T-House Engelbrektsplan 1 in Stockholm. The report will be presented by Danny Feltmann, President and CEO, and Anders Düring, CFO.

Please announce participation for the event via e-mail hearings@financialhearings.com.

The presentation will be held in English and will also be live webcasted at www.kappahl.com, via the subtitle “Investor Relations”, choose “Reports & presentations”. Questions can be asked via the teleconference or via the webcast. It is also possible to listen to the webcast afterwards at the same web address.

To participate, please call 5 minutes before the opening of the conference:

Sweden +46 8 5644 2690
Great Britain +44 203 008 9804

Please sign up for your participation here. (No pre-registration required for participation via webcast or conference call).

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with 370 KappAhl and Newbie stores in Sweden, Norway, Finland and Poland as well as Shop Online. 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 2015/2016 totaled SEK 4.7 billion and the company has approx. 4,000 employees in nine countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com

For further information, please contact:
Charlotte Högberg
Head Corporate Communications
tel 46 (0)70 471 56 31
email charlotte.hogberg@kappahl.com

Source: KappAhl

KappAhl rolls out Click&Collect and Shop Online in Store as key steps to its journey to digitisation

  • At the turn of the month, KappAhl took the next big step on its journey to digitisation, launching Click&Collect and Shop Online in Store.
  • “Every way of shopping at KappAhl should be integrated. Online and physical stores aren’t different channels; they’re two parts of the same KappAhl. The customer chooses, we deliver. Because there is always stock online, this means that items are never sold out in stores, either,” says Charlotte Katz, Head of Digital at KappAhl.

Mölndal, Sweden, 2017-Oct-03 — /EPR Retail News/ — KappAhl is now launching Click&Collect and Shop Online in Store on a wide scale. Sweden was first up in the rollout, soon to be followed by Finland and Norway.

“Immediately at launch here in Sweden we saw positive effects on sales. Our colleagues in stores are happy to be able to offer a better service, and the customer is happy to have more choice,” says Katz.

It was launched in KappAhl’s 169 Swedish stores on 27 September, with Finland’s 52 stores following on 16 October, followed by Norway’s 90 stores one week later. The aim is eventually to introduce Click &Collect and Shop Online in Store in KappAhl’s Polish stores, too.

Click & Collect and Shop Online in Store are two key steps in KappAhl’s journey to digitisation and a seamless buying experience based on the customer and their needs – otherwise known as omni-channel retailing. Click&Collect means KappAhl’s customers can now shop online and collect their goods in store at no extra cost. Shop Online in Store means that store staff can use the checkout system to help customers order items that have sold out or that are not available in that store’s normal range. The customer can make the purchase directly and pay at the checkout via their mobile phone.

Charlotte Katz, Head of Digital.
Tel. +46 (0) 704 71 58 20, charlotte.katz@kappahl.com.

Charlotte Högberg, Head Corporate Communications.
Tel. +46 (0) 704 71 56 31, charlotte.hogberg@kappahl.com.

KappAhl was founded in Gothenburg in 1953 and is a leading fashion chain in the Nordic region with 370 KappAhl and Newbie stores in Sweden, Norway, Finland and Poland as well as Shop Online. 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 2015/2016 totaled SEK 4.7 billion and the company has approx. 4,000 employees in nine countries. KappAhl is quoted on Nasdaq Stockholm. More information at www.kappahl.com

SOURCE: KappAhl

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

KappAhl to announce its third quarter 2016/2017 results on Thursday 29 June

Mölndal, Sweden, 2017-Jun-22 — /EPR Retail News/ — A teleconference will be held on the same day, for analysts, media and investors, at 09.00 (CET). The report will be presented by Danny Feltmann, President and CEO and Anders Düring, CFO.

The presentation will be held in English and will also be live webcasted at www.kappahl.com, under “Investor Relations”, choose “Reports & presentations”. Questions can be asked via the teleconference or via the webcast. It is also possible to listen to the webcast afterwards at the same address.

To participate, please call 5 minutes before the opening of the conference:
Sweden +46 (0)8 566 426 62
Great Britain +44 203 008 9804

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 380 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

Press contacts:
Charlotte Högberg
Head Corporate Communications
tel 46 (0)70 471 56 31
email: charlotte.hogberg@kappahl.com

Source:  KappAhl

KappAhl to launch the Limited Edition collection inspired by dried roses and dramatic prints this autumn

Mölndal, Sweden, 2017-May-24 — /EPR Retail News/ — In September, KappAhl will launch a limited edition collection of autumn’s key items for a trendy and timeless wardrobe. Drawing inspiration from the drama of dried roses, the Limited Edition collection will offer 15 stylish pieces and updated classics in materials like cashmere, satin and Tencel. Limited Edition will be available in limited numbers in selected stores and online.

The 5th of September, KappAhl will launch the Limited Edition collection, featuring striking, eye-catching pieces and trendy silhouettes that work equally well when paired with one another or worn individually. Limited Edition consists of 15 key items, including a short, metallic-champagne down jacket, a pink coat, a lace body and a wide-leg jumpsuit. There are also tops in cashmere, satin and Tencel.

“With Limited Edition, we want to create a slightly sharper wardrobe that still has a classic feel. The pieces have straight lines with feminine touches. This is a new thinking collection that we can’t wait to launch. I’m so excited about wearing the pink coat and lace maxi dress”, says Maria Segergren, KappAhl’s vice president for assortment and design.

Limited Edition is inspired by dried roses and dramatic prints in muted tones. This feeling characterises the patterns and their colour palettes, which tastefully combine dirty pinks with burnt hues – a colour scheme that presents both beauty and drama.

Limited Edition will be available in limited numbers in selected stores and online from 5 September 2017.

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 380 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 more information:
Monika Kostovska
Fashion PR and Sustainability Marketing Manager
KappAhl
tel. +46 704 71 55 56
monika.kostovska@kappahl.com

Source: KappAhl

H&M, KappAhl and Lindex launch initiative to help reduce consumption of plastic bags

Gothenburg, Sweden, 2017-May-05 — /EPR Retail News/ — On June 1 One Bag Habit is launched jointly by H&M, KappAhl and Lindex. The initiative wants to contribute to reduced consumption of bags and an increased awareness about plastic bags’ negative environmental impact. The three fashion chains will therefore start to charge for their plastic bags and will donate the surplus from this sales to different causes that support sustainable development.

One Bag Habit is a joint initiative from H&M, KappAhl and Lindex where the members will charge for all plastic bags in store from June 1. All surplus from the sales of the bags will go to causes that drive sustainable development within social or environmentally related projects and each company chooses where the surplus will be donated. The initiative is a response to a coming EU directive to reduce the consumption of plastic bags.

Our ambition with the One Bag Habit initiative is to facilitate and speed up the transition to a more sustainable consumption of shopping bags. We want to raise awareness about the bags’ negative environmental impact and we invite all retailers to join the initiative, says the three fashion chains in a joint statement.

About One Bag Habit: H&M, KappAhl and Lindex are initiators, and more retail companies are expected to join onwards. When participating in One Bag Habit, the members undertake to charge for all consumer bags as well as communicate about bags’ negative environmental impact and how consumer bags can be used in a more sustainable way. The companies also commit to offering recyclable consumer bags made from more sustainable materials. The surplus of the sales of the bags will go to different causes that drive sustainable development. Each member chooses to what cause and reports about the result yearly, on their home page and/or in their annual report. Initially the One Bag Habit will be launched in Sweden. The fashion chains’ joint ambition is to expand the initiative to their other markets.

About bags: Humanity has an important sustainability challenge in reducing the consumption of all kind of bags. Both plastic and paper bags have a negative impact on the climate. Even when the bags are made of renewable materials they are still very energy consumption in producing transporting and recycle. It takes 400 years for nature to break down a plastic bag. In the meantime it is distributed into small pieces and becomes a harmful ingredient in the food chain for both animals and humans. And bags made from cotton are also resource intensive, especially in the cultivation phase. It needs to be used 130-400 times to get down to the same level of environmental impact that is caused by a plastic bag. Simply, less bags need to be taken into use and the used ones needs to be used several times. The best option is to bring a bag from home instead of buying a new one when shopping. And make it into a more sustainable shopping routine that saves both the resources of the earth and our own economy. That’s what the One Bag Habit should contribute with.

More information about One Bag Habit can be found on www.one-bag-habit.se

SOURCE: Lindex

For more information contact:

Kristina Hermansson, Corporate Communications Manager
E-mail: press@lindex.com
Phone: +46 (0)31 739 50 60

 

KappAhl announces reorganization; merges Marketing and Retail functions

Mölndal, Sweden, 2017-Mar-14 — /EPR Retail News/ — KappAhl carries out a reorganization that involves the merging of the functions Marketing and Retail.

As a result of this a new role, Vice President Customer Experience, will be recruited. The new position will be held by President and CEO, Danny Feltmann, during the introduction of the new organization.

The current Vice President Marketing, Joakim Holmstrand, will leave the company in August 2017.

For further information, please contact

Charlotte Högberg, Head Corporate Communications, tel 46 (0)70 471 56 31, email charlotte.hogberg@kappahl.com

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 380 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. About 38 per cent of the range has sustainable fashion labelling. 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

SOURCE: KappAhl

KappAhl announces Sustainable Design Contest from 23 January to 2 April 2017

KappAhl announces Sustainable Design Contest from 23 January to 2 April 2017

 

Mölndal, Sweden, 2017-Jan-25 — /EPR Retail News/ — This week it is once again time for the KappAhl Sustainable Design Contest, a competition for fashion and textiles students who would like to get involved in developing the sustainable design solutions of the future.

“The competition is part of KappAhl’s work to develop new ways of working that encourage sustainable design and production,” explains Maria Segergren, Vice President of Assortment and Design.

Over 80 per cent of a product’s environmental impact is determined at the drawing board. This makes sustainable design a field with both great potential and plenty of room for experimentation and creative ideas. KappAhl is therefore announcing the KappAhl Sustainable Design Contest, a competition for design students in fashion and textiles in Sweden, Finland, Norway and Poland.

As a result of last year’s competition, winner Lovisa Malmberg Gomis has designed two dresses with KappAhl’s design team on the theme of multifunctionality. The dresses will be available in KappAhl’s stores from week 16 as part of this year’s Celebrate collection.

The jury will consist of fashion journalist Emilia de Poret; Kate Goldsworthy, Senior Research Fellow at Textile Futures Research Centre, University of the Arts, London and part of Mistra Future Fashion; Maria Segergren, KappAhl’s vice president of assortment and design; Karin Verdoes, KappAhl’s designer; Lina Nyqvist, KappAhl’s sustainability manager for assortment; and Eva Kindgren de Boer, sustainability manager for production.

The KappAhl Sustainable Design Contest will run from 23 January to 2 April 2017. The winner will be able to put their idea into practice with KappAhl’s designers, and they will also have the chance to go on a trip to one of KappAhl’s countries of production on the theme of sustainable production or participate in a month-long internship at KappAhl’s head office.

Find out more about KappAhl’s Sustainable Design Contest at www.kappahl.com/designcontest

KappAhl aims to create high-quality, value-for-money fashion, produced with care and respect for people and the environment. Today, 38% of the company’s products are sustainability-labelled, and it aspires to use only sustainably produced cotton by 2020.

KappAhl was founded in 1953 in Gothenburg and is a leading fashion chain in the Nordic region, with nearly 380 stores in Sweden, Norway, Finland and Poland, together with Shop Online. Our business concept is to offer value-for-money fashion of our own design to a wide range of consumers.

In 2015/2016, turnover was SEK 4.7 billion, with approx. 4,000 employees in nine countries. KappAhl is listed on Nasdaq Stockholm.

Download file: 170124 Time for the Kappahl Sustainable Design Contest 2017

Contact:
Maria Segergren
Vice President Assortment & Design
Tel: 46 (0)704-71 55 32

Charlotte Högberg
Head of Corporate Communications
Tel. 46 (0)704-71 56 31.
E-mail: charlotte.hogberg@kappahl.com.

Source: KappAhl

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KappAhl releases its combined financial annual and sustainability report

Mölndal, Sweden, 2016-Nov-09 — /EPR Retail News/ — Today (2016-11-08) KappAhl publishes its Annual Report for the fiscal year 2015/2016. Again this year, the fashion chain has chosen to combine the financial annual report and the sustainability report.

In brief the past year summes up as follows:

  •  A major change effort has taken shape and KappAhl’s earnings have gone up.
  • The driving forces were developing KappAhl’s customer offer, strengthening the gross margin and continued cost control
  •  Success factors included a gradual clarification of the assortment as well as altered and active work on price and campaign strategies.
  •  The continued prioritized sustainability work included reinforcements by new routines and roles in the sustainability organization and by investing in education for the design and purchasing departments. The aim is to strengthen the sustainability efforts further in the design phase.

In the Annual Report CEO Danny Feltmann comments the past year with “It has been a year when we through major joint operations have reversed a negative trend. Together, we have increased sales and strengthened our operating margin. It is a good starting point as we tackle fiscal year 2016/2017.”

The Annual Report published today is the Swedish version. The English version will be published on 24 November. The Annual Report is produced in two parts. Part 1 describes the business including the sustainablity work and is available to download as well as to order printed copies of at www.kappahl.com/ir. Part 2 is available to download on www.kappahl.com/ir and includes the official Annual Report, the GRI Index, the materiality analysis and corporate governance report, etc.

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 380 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. About 38 per cent of the range has sustainable fashion labelling. 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, please contact:
Charlotte Högberg
Head Corporate Communications
tel: 46 (0)70 471 56 31
email: charlotte.hogberg@kappahl.com

Source: KappAhl

KappAhl to hold Annual General Meeting on Tuesday 6 December 2016

Mölndal, Sweden, 2016-Nov-09 — /EPR Retail News/ — KappAhl AB’s (publ) Annual General Meeting will be held at 10.00 am on Tuesday 6 December 2016 at KappAhl’s head office, Idrottsvägen 14, Mölndal, Sweden. Notification to participate should be made, preferably by 12 o’clock noon, on Wednesday 30 November 2015.

At the Annual General Meeting the following matters, inter alia, are proposed to be dealt with:

  • The Board of Directors’ proposal about the resolution regarding the adoption of the income statement and balance sheet, distribution of the Company’s result (proposed dividend of 1.25 SEK per share) and an unchanged remuneration policy for the company management,
  • The Nominations Committee’s proposals are that Anders Bülow is appointed chairman of the Annual General Meeting, that six board members are appointed, that remuneration will be 400.000 SEK to the chairman of the Board, 200.000 SEK to the other members of the Board and that committee fees are unchanged per board member, that Anders Bülow, Kicki Olivensjö, Pia Rudengren and Susanne Holmberg are re-elected as ordinary members of the Board, that Göran Bille and Cecilia Kocken are elected as new ordinary members of the Board and that Anders Bülow through re-election is elected as chairman, and that PwC is elected accounting firm with Eva Carlsvi as chief auditor.

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 380 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. About 38 per cent of the range has sustainable fashion labelling. 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

PRESS CONTACTS:

Corporate and Investor Relations:
Charlotte Högberg
Head of Corporate Communications
Phone: +46 70 – 471 56 31
charlotte.hogberg@kappahl.com

Fashion and range:
Monika Kostovska
Fashion Press Responsible
Phone: +46 70 – 471 55 56
monika.kostovska@kappahl.com

Source: KappAhl

KappAhl launches film series Make it feel right to guide and inspire consumers to sustainable clothing consumption

Mölndal, Sweden, 2016-Nov-02 — /EPR Retail News/ — We buy 12 kilos of clothes and textiles per person, per year – and throw away 8 kilos in our household rubbish. This, despite the fact that 95% of what we bin could gain a new lease of life in the clothing cycle. With its film series Make it feel right, KappAhl hopes to guide and inspire consumers towards more sustainable clothing consumption, looking at everything from care advice to do-it-yourself tips and from re-use to sustainable design and production.

In the new film series Make it feel right, which has been made for KappAhl with the help of independent experts, journalist Annika Leone investigates how we can get our clothes to “feel right” – both for ourselves and for the planet.

“Access to more sustainable fashion is an important issue. Whether as producers or consumers, we must all help to close the loop for our clothes,” says Maria Segergren, who has recently stepped into the role of vice president of assortment and design at KappAhl. “We need more sustainable materials and more sustainable production methods, and the clothes need to be collected in again once the consumer is finished with them.”

Over the six films, Leone guides us from the cotton field to the wardrobe, via the design studio. The first film looks at the value of clothes, discussing, among other things, how we can breathe new life into our wardrobes through upcycling, the sustainable options available once you are done with a garment, stain removal and clothes care. Not to mention the fact thata good move for unwanted clothes is to hand them in at a clothes collection point.

“Clothes care seems to be something of a lost art in our society, unfortunately. There are lots of concrete tips and pieces of advice that could make us so much more sustainable in how we treat our clothes. Many consumers wash their clothes too often,” says Jessica Cederberg Wodmar, sustainability expert at JCW Sustainable Communications.

Even once a garment has really done its bit, the rubbish bin is still a bad move: fact is, even worn and dirty textiles can be put to use nowadays.
“Even a pair of holey socks has value and can have its lifespan extended. The problem is that all too few textiles are currently collected in for reuse or recycling,” says Fredrika Klarén, who is head of environmental affairs at KappAhl.

The textile collection scheme Wear, love and give back is one of KappAhl’s many sustainability initiatives. The green and white collection containers can be found in every store, and over half of what is currently collected is reused in its current condition – through sales on the second-hand market or donations to good causes, for example. A similar amount can be ground down to produce new textiles such as insulation materials, and this percentage will only increase as research finds new ways of recycling textile fibres. Even now, only a very small percentage of what KappAhl collects needs to go to energy recovery.

You can find out more about KappAhl’s sustainability work on our webpage under the “Sustainability” tab.

The Make it feel right films

  1. Film 1: The value of clothes – Annika Leone and the film team investigate what we as consumers can do to make our clothes last longer.
  2. Film 2: Sustainable clothes – Annika Leone and the film team visit KappAhl’s head office to see how the company’s designers are working to make sustainable choices right from the drawing board.
  3. Film 3: Our beloved cotton – Annika Leone and the film team travel to India to visit the cotton fields and see what the clothing industry can do for growers and their families, looking at how to spread awareness of the importance of using less water and chemicals in cotton cultivation.
  4. Film 4: Made in Bangladesh – Annika Leone and the film team travel to Bangladesh to visit factories and to find out whether clothes labelled as “Made in Bangladesh” are a good or bad buy.
  5. Film 5: Collaboration is the way forward – Annika Leone and the film team travel to India to find out how clothing chains and other industry figures can work together to improve textile production for people and the environment.
  6. Film 6: Fine just as you are! – Annika Leone and the film team explore how all of the ideals surrounding fashion and clothes fit together.

More about Jessica Cederberg Wodmar
Jessica is a sustainability coach, moderator and public speaker. She runs her own company, JCW Hållbar Kommunikation,which among other things trains companies in issues of sustainability. Jessica hosts Hållbarhetspodden, Veckans Affärer’s podcast on sustainability, and is also author of the book Hyfsat Hållbar (“Pretty Sustainable”).

KappAhl aims to create high quality, value-for-money fashion produced with care and respect for people and the environment. Today, 38% of the company’s products are sustainability-labelled. KappAhl was founded in 1953 in Gothenburg. We are a leading fashion chain in the Nordic region, with nearly 380 stores in Sweden, Norway, Finland and Poland, together with Shop Online. Our business concept is to offer value-for-money fashion of our own design to a wide range of consumers. In 2015/2016, turnover was SEK 4.7 billion and the number of employees approx. 4,000 in nine countries. KappAhl is listed on Nasdaq Stockholm. More information is available at www.kappahl.se

For more information:
Fredrika Klarén
Head Sustainability
Tel: +46 (0)704-71 55 58

Maria Segergren
Vice President Assortment & Design
Tel: +46 (0)704-71 55 32

PRESS CONTACTS:

Corporate and Investor Relations
Charlotte Högberg
Head of Corporate Communications
Phone: +46 70 – 471 56 31
charlotte.hogberg@kappahl.com

Fashion and range
Monika Kostovska
Fashion Press Responsible
Phone: +46 70 – 471 55 56
monika.kostovska@kappahl.com

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KappAhl launches film series Make it feel right to guide and inspire consumers to sustainable clothing consumption
KappAhl launches film series Make it feel right to guide and inspire consumers to sustainable clothing consumption

 

Source: KappAhl

KappAhl’s Nomination Committee proposals for the AGM on 6 December, 2016

Mölndal, Sweden, 2016-Oct-21 — /EPR Retail News/ — The Nomination Committee in KappAhl AB (publ) is proposing a re-election of the Board members Anders Bülow, Susanne Holmberg, Kicki Olivensjö och Pia Rudengren at the Annual General Meeting in KappAhl on 6 December, 2016. Christian W. Jansson has declined re-election. Moreover, it is proposed that Göran Bille och Cecilia Kocken are elected as new Board members. The Nomination Committee also proposes that Anders Bülow is re-elected as Chairman of the Board.

Göran Bille’s previous positions include President and CEO Gina Tricot and Lindex, as well as a former senior executive within H&M. Göran Bille is a Board member of Gunnebo and holds an MBA.

Cecilia Kocken is Marketing Director at Procter & Gamble Nordic and has previously held several other senior positions at Procter & Gamble, both in the Nordics and globally. On 1 December 2016 Cecilia Kocken assumes the position as Category Director at Arla Sweden. Cecilia holds an MBA.

The Nomination Committee further proposes that PwC is chosen as new accounting firm with Eva Carlsvi as auditor in charge.

The Nomination Committee’s complete proposals for resolutions by the Annual General Meeting 2016 will be presented in the beginning of November 2016 in connection with the notice to attend the Annual General Meeting.

The members of the Nomination Committee at the Annual General Meeting on 6 December 2016 are Rune Andersson (appointed by Mellby Gård AB), Marianne Nilsson (appointed by Swedbank Robur Fonder AB), Elisabet Jamal Bergström (appointed by Handelsbanken Fonder AB) and Jannis Kitsakis (appointed by Fjärde AP-fonden). The Chairman of the Board has been co-opted to the Nomination Committee. Göran Espelund (appointed by Lannebo Fonder AB) has left the Nomination Committee on the 25 augusti 2016 since Lannebo Fonder AB reduced their holdings, whereby instead Jannis Kitsakis (appointed by Fjärde AP-fonden) has joined the Nomination Committee according to the instructions approved by the AGM.

This information is information that KappAhl AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at 11.00 CET on 19 October 2016. 

For further information, please contact
Rune Andersson, Chairman of the Nomination Committee, T. 46 708 987 710
Anders Bülow, Chairman of the Board, T. 46 706 610 988
Charlotte Högberg, Head Corporate Communications, T. 46 704 715 631, charlotte.hogberg@kappahl.com

KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion chains with nearly 380 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. About 38 per cent of the range has sustainable fashion labelling. 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

SOURCE: KappAhl

Lindex: Sustainable Water Resources for cleaner textile production wins the prestigious 2015 Habit Fashion Award for Sustainability

The successful Swedish collaboration Sustainable Water Resources (SWAR) for cleaner textile production has won the prestigious 2015 Habit Fashion Award for Sustainability. Lindex is one of the initiators of the project together with fashion industry colleagues KappAhl, Indiska and Stockholm International Water Institute. SWAR was honored by the Habit of its impact in terms of efficient use of water, energy and chemicals in textile production in India.

Gothenburg, Sweden, 2015-11-13 — /EPR Retail News/ — In this project, for a more sustainable textile production, we have demonstrated the power of collaboration and shared learnings. Together with our suppliers and fashion industry colleagues, we have achieved fantastic results with simple means. And this is only the beginning, now we expand the project to more factories and countries, says Anna-Karin Dahlberg, Production Support Manager at Lindex.

Annually the SWAR factories saved over 360 million litres of water, equaling the needs of more than 3.5 million people. Through its parent network, Sweden Textile Water Initiative, the successful pilot programme has now scaled up across India and in China, Bangladesh, Turkey, and Ethiopia, expanding its impact to 120 factories supplying 20 major Swedish brands.

SWAR has enabled us to over-perform on almost all social, environmental and business metrics that we identified at the project start. In addition, it provided clear evidence and data through exact measurements of water consumption meters, project implementation sheets for each implemented projects, and testimonials provided by the factories. This kind of accurate intelligence is often very hard to secure when working across industry borders,” said Indiska, Lindex and KappAhl jointly.

The SWAR initiative puts the value of water at the heart of resource efficiency and sustainable development solutions. The approach combines achieving measurable results with building capacities and empowering people at brand headquarters, factory, and institutional levels. It is a market-¬driven approach that creates demand for sustainable water use in production, based on real risk mitigation, and supplies management solutions to meet that demand.

About Sustainable Water Resources (SWAR)
SWAR is a capacity building and technical support programme for 64 suppliers and sub-suppliers to Swedish brands Indiska, KappAhl and Lindex in India (Delhi NCR and Rajasthan). The programme was co-funded by the brands and the Swedish International Development Agency (Sida) and was implemented by Stockholm International Water Institute (SIWI)

More information about Sweden Textile Water Initiative (STWI) at www.stwi.se
More information about Stockholm International Water Institute (SIWI) at www.siwi.org

For more information, please contact:

Linda Skogsberg
Sustainability Communications Coordinator, Lindex
Phone: 46 (0) 31 739 51 58
E-mail: linda.skogsberg@lindex.com

 

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Lindex: Sustainable Water Resources for cleaner textile production wins the prestigious 2015 Habit Fashion Award for Sustainability

Lindex: Sustainable Water Resources for cleaner textile production wins the prestigious 2015 Habit Fashion Award for Sustainability