The Ellos Group further strengthens its organization

The Ellos Group continues to sharpen its position as a leading player in e-commerce for fashion and home furnishings in the Nordic region and has recruited Michael Jarestad as CTO.

The Ellos Group continues to sharpen its position as a leading player in e-commerce for fashion and home furnishings in the Nordic region. A number of powerful recruits, the launch of a brand new
e-commerce platform and the launch of an Innovation laboratory, took place earlier this year.

The Ellos Group is now further strengthening its organization with the recruitment of Michael Jarestad as Chief Technology Officer. Michael has over 15 years of experience in e-commerce innovation in the retail sector. He has been CTO at Nelly.com for over 12 years, and for the past two years has been partner and CTO of na-kd.com.

"I look forward to taking part in the Ellos Group's changes and, with the business in focus, pushing technical progress to the next level," says Michael Jarestad.

Yannick de Rechapt, CIO of Ellos Group concludes:
"Michael's deep knowledge and creativity will be a valuable addition to our team. His business
focus and entrepreneurial spirit will help us to remain at the forefront of technology."

Michael will take up his position at the Ellos Group in October 2017.

For more information please contact:
Marita Björk
Head of Communications Ellos Group
Telephone: +46 (0)705 181994

The Ellos Group, which includes Ellos, Jotex and Stayhard, is the Nordic region’s leading e-commerce group. Working closely with our millions of customers, we are constantly striving to develop and offer attractive fashion and household items for the entire family. Our focus is always on the customer. The Ellos Group, headquartered in Borås and with operations in all the Nordic countries, has around 700 employees and sales of around SEK 2 billion. The principal owners are Nordic Capital Fund VII and Paul Frankenius (with co-investor Frankenius Equity AB).Chairman of the Board is Anders Halvarsson. 

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Michael's deep knowledge and creativity will be a valuable addition to our team. His business
Yannick de Rechapt, CIO of Ellos Group
I look forward to taking part in the Ellos Group's changes and, with the business in focus, pushing technical progress to the next level
Michael Jarestad