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KappAhl appoints Danny Feltmann Espersen as new CEO
05
Nov '15
Danny Feltman Espersen
Danny Feltman Espersen
Danny Feltmann Espersen has been appointed new President and CEO of KappAhl, a leading fashion chain in the Nordic region. Espersen has extensive experience from senior positions in the fashion and retail industry, amongst others from H&M. He will assume his new position on December 1, 2015, the company said in a press release.

“I am very pleased that we have recruited an experienced and qualified person as Danny Feltmann Espersen to KappAhl. With his Nordic perspective and the results he has achieved during his career he has what it takes to successfully lead and develop KappAhl”, said Chairman of the Board Anders Bülow.

47-year-old Espersen holds a BSc in Economics & Business Administration and an MSc in Finance & Accounting from the University of Aarhus. He has worked over 17 years in several roles within H&M, including as a member of the group executive board with responsibility for logistics and the expansion of e-commerce.

He has also worked as member of the group executive board at Bang & Olufsen with responsibility for global sales and marketing. In the past three years he has worked with private equity-controlled companies, amongst others as president and co-owner of skin care company Karmameju and with Joe & the Juice.

“I am looking forward to coming back to the fashion industry as the leader of KappAhl. KappAhl is a very interesting company with a long and strong history, and therefore feels like the right company for me to contribute to the development and results”, Espersen said. “I find KappAhl's strong commitment to sustainable fashion especially exciting since it is a subject of importance also for me.”

KappAhl was founded in Gothenburg in 1953 and has close to 400 stores across Sweden, Norway, Finland and Poland. (SH)

Fibre2Fashion News Desk – India

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