Menopause is in many ways stigmatized with biases related to fertility, sexuality, and aging, when it is, in fact, a natural phase of life for half of the global population. Female Engineering's menopause clothing is designed to improve women's well-being and represents a true innovation for those facing hot flushes and night sweats. Based on extensive research and patented technology, along with a unique blend of materials, these garments are specially engineered to manage the entire phase – from moisture-wicking to providing warmth during post-chills
We continue our sales growth and together with strengthened margins and good cost control we can summarise a strong result for both the second quarter and the first half of 2023. I am proud that we are reaching new sales and result levels despite the continued challenging world around us with reduced purchasing power, a strong US-dollar and high inflation. We are strengthening our profitability, growing with new customers and increasing our sales in both physical stores and digital channels, an outstanding achievement thanks to all employee’s fantastic engagement
Together with Microsoft and Xenit, we have taken a significant step towards the future by developing an MVP of Lindex Copilot. At Lindex, entrepreneurship and commitment are important driving forces in our digital transformation, and it is precisely this driving force that has made it possible for us to offer our store employees a whole new level of support. We are proud to have reached our goal of showing that the tool works, and we now look forward to continuing to drive the development forward.
Menstrual Hygiene Day is important for us to highlight since the woman and her needs are at the core of everything we do. Being able to talk openly about something as natural as menstruation is crucial to get rid of the taboos. We want all women to feel confident all days of the month and not let menstruation stop them from reaching their full potential. By highlighting this important topic and donate a share of the sales of period-proof panties from our brand Female Engineering, we are making a difference. The collaboration with WaterAid is an example of how we work actively with Lindex’s higher purpose – to inspire and empower women everywhere
We are very pleased with our fine development during the first quarter. Despite the continued challenging world around us, we manage to further improve our result compared to last year’s very strong start and reach new result and sales levels. We increase our sales in our physical stores with a growth of 2.3 per cent and underwear was our strongest business area during the period with an increase of 14 per cent. With our inspiring and well-balanced assortment, as well as our employees’ fantastic engagement and big customer focus, we have continued to attract many new customers and further strengthened the Lindex brand
The survey clearly shows how girls and women are negatively affected by stereotypical and normative ideals in society. As a major player in the fashion industry, we influence women’s everyday life through our communication and how we act as a company. We have taken many steps in the right direction but it’s time to do more. We work to empower women in different ways and inclusion is important to us. We want to be a positive force and with our long-term initiative “Reinvent the Model” we are working to increase diversity and broaden inclusion, where hopefully over time, we can contribute to changing the image of stereotypical ideals and what a model is
Looking back over the past year, there has been a lot of unrest and disruption on a global scale, with a terrible war in Ukraine followed by energy crisis and inflation. In the meantime, we are seeing obvious signs of climate change and its growing impact. Despite the uncertainty around us, we as Lindex have emerged even stronger and are more resolved in our commitment to make a difference for future generations. We focus on empowering women, respecting the planet and ensuring human rights, and have updated our goals and expanded our efforts in these areas. As part of this, we have invested in femtech to improve women's health and wellbeing, and prioritise sustainable materials and manufacturing transparency. We continue the important work but now from a more solid foundation with more concrete and measurable actions. I am so pleased to share our progress on this journey so far
2022 was a disruptive year in many ways, with great uncertainty and many challenges like increased purchase and freight prices, a historically high US dollar and inflation. Despite the challenging world around us, we succeeded to take Lindex to new levels and deliver our strongest annual result and reach over 7 billion in revenue, which is a big milestone. I’m very proud of all Lindex’s fantastic employees who with their big customer focus, engagement and dedicated efforts have enabled our successful development, where we have grown both sustainably and profitably
More than a year ago, we launched Lindex secondhand and rental of outerwear is a new interesting test we are doing to explore circular services and business models. The collaboration with Järvsöbacken gives us valuable insights into how our total offer can be developed to ensure that we create new services that provide both customer and environmental benefit
We are so proud and happy that we, together with our customers, are contributing with a new record donation of 1.66 million euros to the important cancer research. This is all thanks to the fantastic commitment of our employees and customers. We hope that we with our campaign message 'Support your sisters' have conveyed how important it is to examine your breasts regularly.
’We continue our fine sales growth and reach Lindex’s highest sales for the third quarter. Our increase in both our physical stores and in our digital channels is a fine proof of our ability to meet our customers’ needs and wishes and that our offer stands strong despite the challenges in the world around us. We have also continued to strengthen our customer base and have, so far this year, attracted 775 000 new members and online customers and have a total of 5.4 million registered customers with whom we have a great opportunity to continue building a long-term relationship
Our higher purpose - to empower and inspire women everywhere – is key in everything we do at Lindex. Joining forces with the Pink Ribbon campaign and contribute to the cause is very important for us, and every year the Pink month engages both our customers and employees. Together, we contribute to the important research that depends on donations to make new progress.
We reach new record levels and report a greatly improved result and a strong increase in sales for both the first half of the year and the second quarter. For the past twelve months, our operating result amounts to a record high of 954 MSEK and our sales to 6,9 BSEK. We continue our good sales growth in our physical stores while maintaining our digital sales at a strong level. It is a good proof of strength, that our customers appreciate our offer and that we are available where they want to meet us
Our business is growing and in order to increase our delivery capacity in line with our global and digital expansion, we will build a new highly automated omnichannel warehouse, where all garments are available for all sales channels. Our new logistics platform will enable continued growth in more channels as well as for new business opportunities. It is the largest investment in Lindex’s history and a crucial step in fulfilling our long-term growth plans and in securing the future of our logistics operations. It’s really exciting and is an important milestone on our journey as a global, brand-led and sustainable fashion company
We continue our fantastically good sales and result development and report a very strong start to the year and first quarter for 2022. Our strong development, in recent years, is a fine proof of our ability to meet our customers' needs and wishes in an everchanging time, where all employees' fantastic commitment is a key to our success’
We made a fantastically strong 2021 where we reported record high result and sales, which we see as a direct connection to our employees' high engagement. It’s the people and how we do things together that is the key to our success. We are so grateful for every employee who chooses to be a part of our journey as a global, brand-led and sustainable fashion company
Today, we report Lindex's highest sales ever, both for the fourth quarter and for the full year 2021, and we report the best adjusted annual result in Lindex's 68-year history. An outstanding achievement thanks to all employees' fantastic commitment, great customer focus and drive
With Female Engineering in Lindex's brand portfolio, we position ourselves in an attractive growth market with great potential. It is an important milestone in our dedicated work to support women through life, and which was born from our underwear heritage and our higher purpose – to empower and inspire women. Female Engineering is a real "game changer" – its innovative and sustainable products with patented technology focus on solving women's needs through phases of life such as menstruation, pregnancy, postpartum, nursing, menopause and incontinence. These needs have not been met in this way before. Our launch is the beginning of an interesting journey that will continue to be developed together with our customers
Our aim was to create a film that is easy to identify yourself with. As a tribute to women's lives and all that it entails. The beauty of being a woman in both ups and downs. We want to show how Lindex supports women through life and how our fantastic products are always there for her as an invisible support in different situations. That support became the word was obvious to us. We have been around since 1954 and everything we do, we do for women. I am very proud of what our fantastic creators have created together with the production company new-land and the director Olivia Kastebring. It is a new visual expression that tells the story in a nice way
We are so incredibly proud of our employees who have done a fantastic job with involving our customers and creating commitment around this year's Pink Ribbon campaign. Once again, we have had the possibility to donate a record amount to cancer research, a proof that we have a greater impact together.
It is very gratifying that we, during the second quarter, managed to strongly increase our sales compared with both previous year and 2019, despite the challenges with continued periodically closed stores in the majority of our sales markets. We deliver a greatly improved result for both the second quarter and the first half of the year, which reflects Lindex's successful development and growth, where our fantastic assortment and all committed employees' great customer focus and efforts have been central
Ocean transport accounts for a significant part of the global CO2 emissions and for us at Lindex, it is important to do what we can to have a positive impact. Switching to biofuels for all our ocean freight, was therefore a natural step for us and in our work to achieve our climate goal – to reduce the CO2 emissions throughout our value chain by 50 percent by 2030. We are one of the first players to take this step and hope to inspire others to do the same, so that we together can reduce the total climate impact from the world's ocean transport
The woman is everything to us as Lindex and her needs are the core of everything we do. The fact that something as natural as menstruation still is an obstacle for so many girls and women today, is not acceptable. By highlighting Menstrual Hygiene Day and talking about menstruation, we hope to be part of having an impact on the existing taboos. We want all girls and women to feel confident every day of the month, and such a simple product as a menstrual cup gives you the freedom to do what you want when you want
Despite a tough start to 2021, with continued challenges for our physical stores with periodically closures in the majority of our sales markets, restrictions and reduced traffic, Lindex improves its adjusted operating result for the first quarter compared to both 2019 and 2020. The positive development shows that our actions and efforts have had a successful effect and where all employees’ great flexibility, contribution and commitment have been key
We want all women throughout our value chain to be able to fulfill their full potential. Creating inclusive and equal workplaces is a prerequisite and that is why we run the program 'We women by Lindex' in our supply chain. Through dedicated work together with our suppliers, we have achieved great results, but this is just the beginning of our journey and there is still a lot to do. To scale up and reach even more women, we therefore invite more key players in the fashion industry to take part in the We women program, so that we together can pursue the issue of equal opportunities.
It has undeniably been a turbulent time, defined by the global corona situation with restrictions, reduced store traffic and periodically closed stores in the majority of our sales markets. We have really been challenged but also learned and achieved a lot. I am proud of how quickly we have managed to adapt to meet our strong digital growth and how we with the right priorities, effective actions and fantastic contribution from all committed employees parried the situation together. We report a full year result for 2020 that is almost on par with the previous year's very strong result
Women’s breasts have always been subject to various symbolic metaphors – grapefruits, lemons, mountain peaks and much more. We think it’s time to take back and change the way we look at these. With warmth and a sense of humour, we want to show how every woman owns her metaphor and its meaning. We simply want to encourage everyone to be themselves and love their breasts just the way they are, regardless of size or shape
With comfort, simplicity and wellbeing in mind, we want to offer pieces for every woman’s own kind of active. Our long history as lingerie experts has given us a deep understanding of the female body. For this spring’s activewear, we have designed soft pieces that move naturally with your body
Thanks to the fantastic commitment of our employees and customers, we show once again that when we unite our efforts we can make a difference. It feels important that we together can contribute to cancer research so more people can survive and less people are affected by cancer.
With clear goals, effective cost saving actions and flexible solutions to meet the strong digital growth, we have together succeeded to turning the trend around successfully. We can report a greatly improved result for the third quarter and we even increased our result for the first nine months of the year. Thanks to our online growth, the total sales during the quarter are almost on par with the same period last year, which is proof of our quick adjustment to meet the customer needs. Our offering, together with our implemented actions and the dedicated efforts of all our employees during the continuing challenging period, have been decisive factors for our positive development
During spring and summer, we have really shown that we can challenge ourselves. We have succeeded in adjusting quickly to meet the customer’s expectations and we have both learned and achieved a lot in a short time. To secure our continued business and a resilient Lindex, also for future challenges, we are now implementing additional actions and reducing our costs
Lindex has always been close to my heart and I am inspired by the way their work empowers women. I've learned a lot during this journey and we have exchanged a lot of knowledge on the way. I am so thrilled about the result.