By Reuters
Published on
Share
Comments
HELSINKI (Reuters) - Finnish retailer Stockmann <STCBV.HE> said on Monday it was seeking changes to its loan conditions to "provide sufficient time" to consider whether to sell fashion chain Lindex or pursue other strategic options for its most lucrative unit.
ADVERTISEMENT
ADVERTISEMENT
Known for its prestigious department stores, Stockmann has struggled in recent years due to a consumer shift to online shopping, prompting cost-cuts and divestments.
(Reporting by Anne Kauranen; Editing by Edmund Blair)
Share
Comments