243
Fashion Jobs
L'OREAL GROUP
Head of Advocacy & Influence - l’Oréal Dermatological Beauty - Copenhagen
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ESTÉE LAUDER COMPANIES
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Permanent · AARHUS
ESTÉE LAUDER COMPANIES
Handelselev Med Speciale i Digital Handel - E-Commerce
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ZIZZI
Online Buyer Til Fashion
Permanent · BILLUND
SAMSOE
Logistik Koordinator
Permanent · GLOSTRUP
ONLY
Business Controller
Permanent · BRANDE
ONLY
International Sales Manager
Permanent · BRANDE
JACK & JONES
Konstruktører, Jack & Jones og Jjxx
Permanent · BRANDE
BEST SELLER
Environmental Programme Coordinator
Permanent · KØBENHAVN K
BEST SELLER
Product Owner - Data-Driven Solutions & ai
Permanent · AARHUS
SELECTED FEMME/HOMME
Sales Representative
Permanent · BRANDE
L'OREAL GROUP
Key Account Relationship Specialist
Permanent · COPENHAGEN
SAMSOE
Business Controller (Sql And Data Analytics Specialist)
Permanent · COPENHAGEN
ACE & TATE
Optometrist Copenhagen i NY Østergade
Permanent · COPENHAGEN
VERO MODA
Business Controller
Permanent · AARHUS
VERO MODA
Buyer | Curve
Permanent · AARHUS
ONLY
Demand Planner
Permanent · BRANDE
L'OREAL GROUP
Supply Chain Graduate - l’Oréal Luxe Product Division - Copenhagen
Permanent · COPENHAGEN
KERING EYEWEAR
Kering Eyewear - Lindberg Junior Trade Marketing Manager
Permanent · AARHUS
ESPRIT
Area Manager Multilabel Nordic Women
Permanent · COPENHAGEN
ZIZZI
IT Operations Manager
Permanent · BILLUND
TJX EUROPE
Buying Coordinator
Permanent · COPENHAGEN
By
Reuters
Published
Aug 17, 2018
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Finland's Stockmann posts rising profits, department stores struggle on

By
Reuters
Published
Aug 17, 2018

Finnish retailer Stockmann reported better-than-expected second-quarter results on Thursday, thanks to increased sales at its fashion chain Lindex, but warned that its department stores would remain in the red in the full year.

Stockmann


Known for its prestigious department stores, Stockmann has struggled in recent years due to a consumer shift to online shopping, prompting cost-cuts and divestments.

Its second-quarter adjusted operating profit rose to 24 million euros ($27 million) from 15 million euros a year ago, compared to analysts’ average expectation of 21 million euros in a Reuters poll.

Quarterly department store sales fell 4 percent from a year ago while revenue at Lindex was up 1 percent. Stockmann said the department store unit was not expected to reach a positive operating result for the full year.

Stockmann shares were up 3 percent by 0742 GMT.

“Lindex’ result has recovered... the trend (in Retail) is worrisome, considering strong domestic consumer demand,” research firm Inderes, which has a “reduce” rating on the stock, said in a note to investors.

“We think the company must accelerate cost adjustment.”

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