Stockmann to rework its strategy and operating model – targets to reduce costs by EUR 40 million
STOCKMANN plc, Press release 30.4.2019 at 8:00 EET Stockmann is reworking its strategy in order to strengthen the competitiveness of its department and online stores. The company will start a two-year change process which targets to position Stockmann as a fashion & style authority. Stockmann will change its fashion, beauty and home selection to be more premium and hiqh-quality, and create newness with unique and sustainable brands. The strategic actions aim at returning Stockmann Retail to a growth trajectory by 2021. The digital acceleration remains in focus. Stockmann will continue