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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Marimekko OY (PK) | USOTC:MKKOF | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.00 | 10.70 | 15.05 | 0.00 | 17:58:26 |
NEW YORK, June 12, 2013 /PRNewswire/ -- Building on plans to expand its market share in North America, Marimekko announces a series of new shop-in-shop locations in some of the region's most notable department and specialty home stores. The new destinations feature curated collections of ceramics, glassware and home textiles, highlighted with a selection of the brand's vibrant bags and accessories.
"Marimekko has been known and loved in the United States since the 1960s. Now, with measurable momentum already in place, we are concentrating on boosting the brand's distribution in North America through high-end department and specialty stores," says President Lynn Shanahan.
Known for simple, clean, functional design suited to everyday living, Canada's EQ3 stores specialize in furniture and custom upholstery, a service that will now feature Marimekko's signature textiles as well. "The recent Liberty Village shop-in-shop opening was a great success and we look forward to expanding our locations and offerings with a palette of exciting new Marimekko designs," says EQ3 CEO Peter Tielmann. EQ3 Winnipeg, Montreal, Brossard, Calgary, Ottawa, Toronto-King and Emeryville San Francisco openings will take place during the month of July.
Mexico's leading department store, El Palacio de Hierro, brings 120 years of integrity and a refinement to a sophisticated customer. The company is known for presenting the most beautiful selection of home furnishings and decor. "We are pleased to have the opportunity to collaborate with such an innovative and design oriented company as Marimekko," says Rodrigo Flores Vazquez, Director of Buying. Palacio Perisur, Santa Fe and Coyocan shop-in-shops were opened in May and the beginning of June in Mexico City, and will be followed by a Durango location in mid-June.
ABOUT MARIMEKKO
Marimekko is a Finnish textile and clothing design company renowned for its original prints and colors. The company designs and manufactures high-quality interior decoration items ranging from furnishing fabrics to tableware as well as clothing, bags and other accessories. When Marimekko was founded in 1951, its unparalleled printed fabrics gave it a strong and unique identity. Marimekko products are sold in approximately 40 countries. In 2012, brand sales of Marimekko products worldwide amounted to approximately EUR 187 million and the company's net sales were EUR 88 million. The number of Marimekko stores totaled 108 at the year end. The key markets are North America, Northern Europe and the Asia-Pacific region. The Group employs around 500 people. The company's share is quoted on NASDAQ OMX Helsinki Ltd. www.marimekko.com
SOURCE Marimekko
Copyright 2013 PR Newswire
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