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Kappahl news and archive

Kidswear brand Newbie to launch on rental service Hyber

KappAhl’s brand Newbie is strengthening its position as a supplier of affordable and responsible kidswear by offering a selection of its range to rent via Hyber. The move is part of KappAhl’s commitment to be more sustainable and circular, explained the brand in a statement, while also making their clothing available to more people, while “...

Jun 1, 2021

Fashion

KappAhl to launch new childrenswear brand in February

Swedish fashion retailer KappAhl is launching a new “playful” childrenswear brand, Minories in February 2021. As it looks to consolidate its position as a retailer of “good children’s clothes,” following on from the success of its Newbie brand. The childrenswear brand has been developed in-house to cater for 0 months to 8-year-olds, aimed at...

Jan 13, 2021

People

KappAhl names Claes Meldgaard as vice president of sales

Nordic fashion chain KappAhl has appointed Claes Meldgaard as its vice president of sales. Meldgaard will take up his role on March 1, 2021, and will bring with him a “wealth of leadership experience and sector expertise,” explains the retailer. He has held a number of leading roles, most recently as acting chief executive at Stayhard. Prior to...

Nov 23, 2020

Report

Sandra Roos is Kappahl’s new Head of sustainability

Sandra Roos has been appointed by Kappahl’s as the new Head of sustainability. The company said in a statement that she joins from the RISE research institute, where she served as an expert on sustainability issues in the textile industry. “Sandra’s sterling research background will allow us to create new opportunities in our important work to...

Aug 20, 2020

Management

KappAhl full-year sales up but gross margins take hit

Swedish fashion retailer KappAhl has reported a 3 percent increase in sales to 4.9 billion Swedish Krona (403 million pounds or 449 million euros) for the year to August, while gross margin fell to 59.5 percent from 61.8 percent last year. Full-year operating profit at the company fell to 168 million Swedish Krona (13.8 million pounds or 15.4...

Oct 9, 2019

Report

Kappahl posts 7 percent rise in Q4 net sales

Kappahl Ab has announced that preliminary net sales for June to August 2019 amount to 1,322 million Swedish krona (136.7 million dollars) compared to 1,239 million Swedish krona in the previous year with a preliminary operating profit of 108 million Swedish krona (11 million dollars) compared to 66 million Swedish krona last year. The company...

Sep 12, 2019

Fashion

Kappahl celebrates sustainability milestone with autumn denim ranges

Swedish fashion retailer Kappahl has announced that with the launch of its autumn collections it has achieved its 2020 target of manufacturing 100 percent of its denim range “in more sustainable fabrics and using more sustainable production processes.” The “key milestone” means all denim in the new collections is produced using less water,...

Aug 29, 2019

Management

Kappahl's Q3 sales and profit decline

Kappahl's net sales for the third quarter were 1,200 million Swedish krona (129 million dollars), a decrease of 3.3 percent compared to the previous year. The company said, the drop in net sales was driven by 5.6 percent decline in comparable stores, 1.5 percent in new and closed stores, and currency translation differences totalling 0.8...

Jun 26, 2019

Fashion

What to expect in fashion news from week 26, 2019

What’s going on in the world of fashion this week? FashionUnited takes a look ahead at the upcoming news and events for the 26th week of the year. Below are the main points from the editorial agenda in the period between 24-30 June, 2019. Jacquemus fashion show 10th anniversary (24 June) Simon Porte Jacquemus will be hosting the brand's first...

Jun 24, 2019

Management

Kappahl reports Q2 net sales increase on 6.3 percent

Kappahl’s net sales for the second quarter amounted to 1,185 million Swedish krona (128.7 million dollars), an increase of 6.3 percent. This, the company said, is explained by the 2.9 percent change in comparable stores, 1.7 percent in new and closed stores, and 1.7 percent effect of currency translation differences. The company added that...

Mar 20, 2019

Management

Kappahl Q1 sales improve by 2.4 percent

Kappahl said that its net sales for the first quarter amounted to 1,194 million Swedish krona (132 million dollars), an increase of 2.4 percent. The company said, this is explained by the negative 1.8 percent effect of changes in comparable store sales, 1.6 percent impact of new and closed stores, and currency translation differences totalling...

Dec 19, 2018

Report

Peter Andersson appointed acting CEO of Kappahl

The board of directors of Kappahl AB has appointed Kappahl’s CFO, Peter Andersson, as acting CEO until the new President and CEO, Elisabeth Peregi assumes her position during the spring of 2019. The company said in a statement, Göran Bille, who has been acting CEO of Kappahl since the 15 of June 2018, has decided not to extend his temporary...

Dec 13, 2018