Lindex

AB Lindex
Division
Industry Fashion
Founded Alingsås, Sweden (1954)
Headquarters Gothenburg, Sweden
Key people
 Ingvar Larsson CEO
Products Clothing, cosmetics
Revenue Increase 234 million SEK (2000)
Number of employees
 5,000
Website www.lindex.com

Lindex is one of the leading fashion chains in Europe with over 480 stores in the Nordic countries, the Baltic States, Central Europe and the Middle East. The business concept is to offer inspiring and affordable fashion to fashion conscious women. The assortment covers several different concepts within women's wear, lingerie and kids’ wear. In 2013 Lindex launched LXM, a new business area for men. Lindex fashion is also sold online in all EU countries and Norway. Since 2007, Lindex is owned by the Finnish listed company Stockmann.[1]

Lindex employs around 5,000 people.[2]

The history of Lindex

In 1954, Ingemar Boman and Bengt Rosell opened the lingerie store Fynd in Alingsås. Shortly thereafter, the Lindex company of Gothenburg was acquired, and this was the name then given in time to all the subsequent stores. During the sixties the lingerie selection was complemented by women's wear, in particular jumpers and blouses. Operations were expanded and the first Lindex store in Norway was opened.

During the seventies Lindex continued to grow in Sweden and Norway. The range was expanded and Lindex also became known for skirts and trousers. The eighties saw major changes for Lindex and expansion. Lindex now tested new markets such as Denmark, Great Britain and Finland, but by the end of the eighties, operations were focused on Sweden, Norway and Finland.

In 1993 Lindex opened its first production office in Hong Kong and the company started to carry out inspections to check that suppliers did not employ minors. The company's requirements on suppliers were increased and a code of conduct for all suppliers was introduced. During the nineties the company also started to make serious efforts with regard to environmental issues. 1995 saw the start of Lindex Club - a club for all loyal customers. At the end of the nineties the trademark Fix was acquired, with colourful childrenswear.

Lindex launched a major effort to develop the Lindex concept. Fashion in Sweden was strongly influenced by fashion model Emma Wiklund's Fashion Report in the new millennium. Lindex looked east and started its expansion in Central Europe, opening stores in the Baltic States as well as the Czech Republic. The Finnish listed company Stockmann became the new owner of Lindex in 2007 and with their help the Russian market opened up for Lindex, which opened its first store in St Petersburg in 2008. In addition, Lindex started franchising operations in the Middle East. Lindex is now one of northern Europe's leading fashion chains with about 400 stores.

Collaborations

In February, Lindex announced collaboration with celebrity stylist Rachel Zoe this spring. Zoe will be choosing her favorites from Lindex spring collection 2011 as a part of Lindex ambition to inspire fashion-conscious women on all its markets.[3] This will be Zoe’s first big collaboration with a European brand. Reese Witherspoon recently created a collection for Lindex.

Stores

The number of Lindex stores in each country (02/11/2014):[4]

See also

References

  1. ↑ "Lindex Store". Cision Wire. Retrieved 2012-10-18.
  2. ↑ Lindex in brief, Lindex.com
  3. ↑ Press release Lindex Rachel Zoe, 2011-02-09
  4. ↑ http://www.lindex.com/sk/find-your-store/

External links

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