Nelly Group

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About Nelly GroupNelly is one of the Nordic region's strongest fashion brands for young women. The core is the own brand in combination with digital sales directly to our target group. Nelly has created a strong commitment through a distinct sense for fashion and digital marketing. The company has 2.1 million customers and sales of SEK 1.4 billion per year. Nelly Group was previously called Qliro Group. Nelly Group is listed on Nasdaq Stockholm in the mid-cap segment with the short name "NELLY".

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Qliro Group sells Health and Sports Nutrition Group

Tue, Nov 21, 2017 01:00 CET

Press release, Stockholm, 21 November 2017 Qliro Group AB (publ) has entered into an agreement to sell its subsidiary Health and Sports Nutrition Group HSNG AB (“HSNG”) to Orkla. The enterprise value of HSNG in the transaction is SEK 360 million on a cash and debt free basis and with a normalized working capital. The transaction is expected to be completed in the first quarter of 2018. HSNG will remain a partner to Qliro Financial Services and CDON Marketplace after the transaction.“Following the sale of HSNG, Qliro Group has achieved the structure that we envisioned when we revised our

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Qliro Group sells Health and Sports Nutrition Group