Dutch shoe chain Omoda is to open a Danish web shop before the end of the year, expanding to Finland, Norway and Sweden in 2020.
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Net profit at Swedish group H&M has gone down by 21.8 % in 2018: "due to logistical expenses", the chain says. Nevertheless, the investments seem to be fruitful as turnover has already increased by 5.2 %.
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H&M has hired Christopher Wylie, the whistle blower in the scandal surrounding Cambridge Analytica, in an attempt to better get to know their customers.
Ocado has reached an exclusive agreement with Swedish supermarket chain ICA to build its online grocery business. It is the third international partnership for the British online retailer, after collaborations with Groupe Casino and Sobeys.
Store chain Kijkshop has a new owner: Swedish investment firm LPCA sold all of its shares to another Swedish company, SparkistanStClemens.
Swedish H&M launched its "Conscious Exclusive" collection, a sustainable high-end clothing collection made from Bionic, which is a fabric created from shoreline waste.
Swedish electronics giant Electrolux feels "Uber for laundry" may work: the system would enable consumers to allow other people to use their washing machine.
In its fiscal year 2016, Swedish Ikea group has managed to boost its turnover more than 7 % compared to the year before, with a 5 % like-for-like turnover increase. Online growth even reached 28 %, to almost 1.5 billion euro.
Swedish fashion chain H&M has released a new sports collection, called For Every Victory. The Swedish Olympic team has helped to develop the collection, while Caitlyn Jenner will be one of the campaign's faces.
Swedish furniture store chain Ikea transformed its very first store into a museum. The store opened in 1958 and shut down in 2012, but fans can now visit it to see the best the chain's past has to offer.
Swedish clothing giant Hennes & Mauritz has seen its second quarter turnover grow 5 % compared to the previous year, mainly thanks to a 10% increase in the number of stores.
Beter Bed Holding announced it has acquired its Swedish competitor Sängjätten for an undisclosed fee. It feels this acquisition is the ideal way to rapidly expand in Scandinavia.
In H&M's new Sustainability Report, the Swedish chain said it continues to advance when it comes to sustainability. 78 % of the company's electricity already comes from renewable sources, three times as much as in 2014.
Swedish fashion chain H&M continues to lay out its sustainability program and has presented its Conscious Exclusive collection in Paris, while it will also continue its sustainable fashion innovation efforts.
Recently, a store without any employees opened its doors in Sweden. Customers can shop with their smartphone and the store will open 24 hours per day.
The number of cash payments in Swedish retail stores has dropped 25 % over the past 5 years, which means that 95 % of payments are now done electronically, although not everyone is pleased with this evolution.