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Finland's Marimekko's Q2 sales up 2% on retail gains, profit improves
Finland's Marimekko's Q2 sales up 2% on retail gains, profit improves

Fibre2Fashion

time3 days ago

  • Business
  • Fibre2Fashion

Finland's Marimekko's Q2 sales up 2% on retail gains, profit improves

Marimekko Corporation's net sales for Q2 2025 rose 2 per cent year-on-year to €44.5 million (~$51.88 million), supported by increased retail sales in Finland and internationally. Finnish sales grew 3 per cent, while international sales were up 1 per cent despite a significant, expected drop in licensing income. Growth was tempered by markedly lower non-recurring promotional deliveries in Finnish wholesale compared to a strong 2024 period. Operating profit improved to €6.3 million, with comparable operating profit at €6.5 million, representing 14.6 per cent of net sales. The gain was driven by higher sales and improved margins, partly offset by higher fixed costs. Marimekko's Q2 2025 sales rose 2 per cent to €44.5 million (~$51.88 million), with Finnish retail up 3 per cent and international sales up 1 per cent despite lower licensing income. Operating profit increased to €6.3 million. H1 sales grew 3 per cent to €84.1 million, driven by 7 per cent international growth. The company expects higher 2025 sales and margins but warns of global and tariff risks. For January–June 2025, net sales rose 3 per cent to €84.1 million. International sales increased 7 per cent, while Finnish sales were flat as retail gains offset wholesale weakness. Comparable operating profit declined to €10.9 million, or 13 per cent of net sales, due to lower margins and higher fixed costs, the company said in a media release. CEO Tiina Alahuhta-Kasko highlighted sustained omnichannel retail growth, up 6 per cent in Q2, as evidence of brand resilience in challenging markets. Strategic collaborations—such as a global footwear line with Crocs, café partnerships with Blue Bottle Coffee in the US and Asia, a design tie-up with Artek, and a capsule collection with artist Laila Gohar—boosted brand visibility. Events included Milan Design Week, Copenhagen's 3 Days of Design, Marimekko Day fashion shows in Helsinki, and the Field of Flowers exhibition in Asia. Network expansion in Q2 included new stores in Osaka and Kuala Lumpur, an outlet in Espoo, eight Asian and Finnish pop-ups, and the launch of online stores in New Zealand and in German language. Post-period, Marimekko announced its first flagship store in Paris, opening autumn 2025, alongside pop-ups at Le Bon Marché and Galeries Lafayette. For 2025, the company forecasts net sales to exceed 2024's €182.6 million, with a comparable operating profit margin of 16–19 per cent. Risks include global economic uncertainty, geopolitical tensions, supply chain disruptions, and higher US tariffs—the latter affecting a small share of sales but increasing procurement costs. Plans call for 10–15 new stores or shop-in-shops, primarily in Asia, while licensing income is expected to fall significantly from last year's record level. Fibre2Fashion News Desk (KD)

The Interior Design Trends To Bring Home Now, As Seen At Copenhagen's 3 Days of Design
The Interior Design Trends To Bring Home Now, As Seen At Copenhagen's 3 Days of Design

NZ Herald

time30-07-2025

  • Entertainment
  • NZ Herald

The Interior Design Trends To Bring Home Now, As Seen At Copenhagen's 3 Days of Design

Bailey Meredith reflects on her trip to Copenhagen, where design moved beyond aesthetics to explore the emotional depth of the home. At Copenhagen's annual design festival 3 Days of Design, a common theme ran through many of the exhibitions and collections: a renewed focus on the emotional dimension of space – the layered, the tactile, the deeply human. What stood out most was a collective return to the home not merely as a setting of function or style, but as a place of rhythm, ritual, and quiet reflection. This perspective on domestic life felt both familiar and grounding — a reminder that the spaces we inhabit are not static, but evolve with us. There was a softness to this year's presentations – a soulfulness that gently challenged the rigidity often associated with modern design. Together, they offered a vision of design not as something ornamental, but as something intimately entwined with the way we dwell, the way we gather, and the way our surroundings shape and reflect us. Charlotte Taylor and Maéva Massoutier explored the layered dualities of domestic life in Home From Home. Home from Home – Charlotte Taylor and Maéva Massoutier Presented at Noura Residency, this collaborative installation by Charlotte Taylor (founder of Maison de Sable) and scenographer Maéva Massoutier explored the layered dualities of domestic life – intimacy and openness, function and feeling, permanence and change. Physically, the installation resembled a lived-in interior: layered textiles, sculptural furnishings, warm lighting, and everyday objects arranged in ways that felt both artful and uncontrived. Walls and partitions were used sparingly, suggesting zones of domestic life without fully enclosing them. Overhead, shifting daylight filtered through the space, altering the mood hour by hour. It was a study in how time, light and impulse leave their imprint on a home. Marked by signs of presence and use, the installation felt deeply personal yet universally familiar. Key design takeaway: Rather than presenting an idealised version of home, it invited viewers to reflect on the one they already inhabit. Advertisement Advertise with NZME. FRAMA transformed their Copenhagen showroom into conceptual living zones. Structures of Living — FRAMA FRAMA transformed their Copenhagen showroom – housed in the city's former St Paul's Pharmacy – into a conceptual framework for living. Known for their holistic, cross-disciplinary approach to design, Structures of Living served as an opportunity to deconstruct the idea of the home into its essential elements and reimagine it from the ground up. The installation was built on a modular grid – with open shelving, solid wooden forms and discrete architectural elements arranged in a way that blurred the lines between furniture and structure. These became the framework for the home itself, offering storage, surface and separation without enclosure. There were no traditional rooms. Instead, zones for cooking, eating, resting and gathering coexisted in a flowing space, inviting visitors to consider how a home might function without rigid boundaries. Throughout the space, moments of daily life were gently evoked – a table casually set, a low-slung bed layered with linens and books, objects placed not for display but for use. The effect was immersive, yet understated – a subtle demonstration of how design can shape atmosphere and behaviour. Key design takeaway: At its core, the installation proposed a different way of living: one where interiors are fluid, responsive and grounded in intention rather than excess. Cappelen Dimyr unveiled their first table linen collection at 3 Days of Design in Copenhagen. Debut Table Linen Collection – Cappelen Dimyr Best known for their hand-knotted rugs and tactile textiles, Cappelen Dimyr unveiled their first table linen collection in collaboration with French creative studio La Bagatelle. Rather than presenting the range in a showroom or gallery format, the brands opted for something more intimate: a domestic scene set within a Copenhagen apartment. Advertisement Advertise with NZME. Visitors entered what felt like an ongoing dinner – tablecloths softly creased, candle wax melted into holders, glassware left slightly askew. The table was set, but imperfectly so, suggesting life rather than styling. Sunlight poured through gauzy curtains, illuminating the washed linen textures in earthy neutrals and muted tones. Every detail – from the folds in the fabric to the choice of ceramics – spoke to a philosophy of lived-in beauty. The installation challenged the conventional polish of product presentation and instead celebrated with warmth, humility and the quiet luxury of things made to be used. Key design takeaway: Elegance doesn't require perfection – the most enduring design is often the kind that bears signs of life. What I learned at 3 Days of Design Copenhagen These presentations signalled a deeper shift in our approach to design – not as a tool for decoration or status, but as something that supports a way of living. What tied these projects together was not just visual language, but an emotional tone. Each space invited viewers to slow down, to contemplate how they felt within it, and to consider what it might mean to live well, not just look well. In summary, this year's 3 Days of Design felt like a collective exhale. A reminder that home is not a place to be perfect, but a place to inhabit. For those of us in Aotearoa, where considered living is already second nature, this felt like a quiet affirmation. A reminder to let life leave its mark, blur the boundaries between zones and functions, and remember that transformation doesn't require newness – just clarity, restraint and purpose. Bailey Meredith is the co-founder and creative director of BAINA. More at home From vintage oddities to eco-conscious design. Cameron Woodcock On The Enduring Charm Of Vintage Store Flotsam & Jetsam. From German candlestick holders to a horse's head from a fairground ride, the vintage dealer shares his love of hunting and gathering and what makes a special piece. In My Studio: Painter Katharina Grosse Goes Big On The North Island's West Coast. The German painter, who has a studio on the west coast of the North Island, drenched Art Basel in fuschia and white paint this month. At Home In West Auckland With The Creative Couple Behind Widdess. One look at the West Auckland home of Widdess' Yvonna Van Hulzen and Vincent Langford and their artistic endeavours, and it's easy to see this creative couple share a great eye for design. It Takes Two: Made Of Tomorrow's Dan Craig & Matt Genefaas On Business, Balance & Their Bulldog Billie. The couple in business and in life are purveyors of sleek, functional homeware. For Her Next Eco-Design, Kowtow's Gosia Piatek Looks To Home With Bento Cabins. What links her foray into architecture and her fashion label? Designer style that treads lightly on the planet.

10 New Collections From Copenhagen's 3 Days of Design That Prove Scandi Homewares Are as Cool as Scandi Fashion
10 New Collections From Copenhagen's 3 Days of Design That Prove Scandi Homewares Are as Cool as Scandi Fashion

Vogue

time01-07-2025

  • Entertainment
  • Vogue

10 New Collections From Copenhagen's 3 Days of Design That Prove Scandi Homewares Are as Cool as Scandi Fashion

Thanks to the rapid ascension of brands like Ganni and Saks Potts in recent years, Danish fashion has become a global sensation with its unusual silhouettes, playful colors and patterns, and effortless, bike-ready vibe. The same trendsetting sensibility can be said of Scandinavian art and design, which is flourishing more than ever. While Scandinavian style has been at the vanguard of modern living for over a century, Copenhagen's 3 Days of Design festival has firmly cemented the Danish city as a design capital. Since launching in 2013, the summer festival has mushroomed from a four-brand presentation to a citywide extravaganza in which hundreds of stores, showrooms, galleries, and restaurants showcase the best in historic and contemporary design. Held from June 18 through 20, this year's edition was themed 'Keep It Real,' promoting designs that, as the festival's press materials describe, are 'authentic, original, caring of people—and the planet.' Below, discover a selection of 3 Days of Design's most striking exhibitions, collaborations, and product releases, from statement-making modular furniture to decorative flourishes that harness the restorative power of outdoor living. Romanticize your sleep with Tekla's dainty bedding Photo: Courtesy of Tekla Tekla's Broderie Anglaise collection. Photo: Courtesy of Tekla Since launching in 2017, Tekla has expanded from bedding into sleepwear, bathroom sets, and more. For its latest launch, the Danish homeware and textile brand returns to its roots with a collection of broderie anglaise duvet covers, pillow shames, and decorative pillows. A departure from Tekla's signature stripes and distinctive colors, the crisp white palette hearkens back to handcrafted textiles of centuries past, complete with delicate embroidery, stitching, and lace. Tekla introduced the airy and elegant collection through Modern Romance, a collaborative exhibition with Copenhagen-based architectural studio Mentze Ottenstein at Charlottenborg Palace—a dreamy and aptly historical venue. Artek and Marimekko's first collaboration fuses printmaking with wood bending

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