HS: Experts expect Lindex to offload Stockmann department stores

THE FATE of Stockmann department stores is to be decided in the near future, reports Helsingin Sanomat.

Lindex Group, the parent company of Stockmann Group, is expected to announce the results of a strategic assessment of various options for the loss-making department store business by the end of the year, with a divestment the most likely outcome according to analysts interviewed by the daily newspaper.