Lindex owners Stockmann, has signed a memorandum of understanding regarding the selling of its subsidiary, Seppälä Oy, in a management buyout to Seppälä’s current CEO, Eveliina Melentjeff and her husband Timo Melentjeff.
The transaction will take place on 1 April 2015 and will cover 82 Seppälä stores in Finland and 20 in Estonia.
Lindex launches the ‘Lindex Code of Conduct’ with a strong focus on gender equality. The new code of conduct makes Lindex one of the first major fashion companies to integrate gender equality in its basic requirements for textile production and all business partnerships.
For International Breast Cancer Awareness Month, Lindex launches a collection of every day pieces where prints and soft knits are core. In October, 10 per cent of all sales from the collection is donated to cancer research.
As part of Lindex’s work to create a holistic brand experience in Lindex’s all channels and further strengthen the customer experience, the fashion brand has recruited Marie Paulsson as Creative Director.
Lindex is one of Europe’s leading fashion brands, with approximately 460 stores in 18 markets and sales online. Lindex offers inspiring and affordable fashion for the fashion interested and conscious woman. The assortment includes several different concepts within women’s wear, kids’ wear, lingerie and cosmetics. Lindex sustainability promise is to make a difference for future generations by empowering women, respecting the planet and ensuring human rights.