Marimekko ends consultative negotiations on Finland units

27 Mar '14

3 min read

The company has also assigned some new key positions in design, product development and sales as part of the operational reorganisation. Efforts will be made as far as possible to fill the positions through internal transfers within the Group.

The international recruitment process started in February 2014 for a new Creative Director for the company is still in progress.

Reorganisations inthe United States still to some extent in progress

In February 2014, Marimekko also reported reorganisations concerning its operations in the United States. In respect of these, negotiations on the termination of the lease for the Beverly Hills store and on the possible relocation of the store are still in progress.

The previously implemented actions on the country organisation as well as the store closure or relocation are aimed at a total of about EUR 1.0 million in annual savings. The company will report the progress on arrangements concerning the United States in its interim reports.

Marimekko Corporation

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