Home / Knowledge / News / Apparel/Garments / KappAhl sales marginally increase 4.4 % in Q1FY'13
KappAhl sales marginally increase 4.4 % in Q1FY'13
16
Jan '13
KappAhl announced results for quarter one fiscal year 2012-13.

Increased sales and strong gross margin

– Women’s assortment back at a good sales level
-Net sales increased by 4.4 per cent for the quarter. Of this, the increase in comparable stores was 3.0 per cent.
-Gross margin improved by 4.9 percentage points.
-Costs increased marginally, despite 14 more stores.
-Sale of real property led to a capital gain of SEK 77 million.
-Equity/assets ratio increased to 40.8 per cent, including the rights issue approved by the Annual General Meeting.

“It’s a little too early to say this is a new positive trend for the company but it’s quite clear there are strong signals indicating we are on the right path.” By Johan Åberg, President and CEO.

KappAhl was established in 1953 and is a leading fashion chain soon with 400 stores and 4 500 employees in Sweden, Norway, Finland, Poland and the Czech Republic. KappAhl sells value-for-money fashion with a wide appeal – to women, men and children – and focuses in particular on women aged 30-50 with families. All clothes are from our own designers.

KappAhl was the first fashion chain to achieve environmental certification in 1999. In the 2011/2012 financial year KappAhl's net sales were SEK 4.6 billion

KappAhl

Must ReadView All

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
February 2017

February 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search