KICKS reports challenging year with flat growth
E-commerce grew 8.4% and in-house brands 15.7%, with a strong Q4 finish.
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Nordic beauty retailer
kicks.seLast updated
In short: KICKS launched wellness and opened statement stores, sold out advent calendars, changed CEO, and posted mixed results.
E-commerce grew 8.4% and in-house brands 15.7%, with a strong Q4 finish.
Revenue fell 3.8% due to changed consumer behavior. Own brands grew 33%. App is launched and new stores are opened.
The growth is 6.2 percent; store sales are unchanged. New common e-commerce platform launched and several new stores open in Sweden, Finland and Norway.
KICKS increased its turnover by 8 percent during the first quarter of 2025 and is growing especially online by over 20 percent. Several new stores will open during the autumn.
Beauty favorite Gisou makes its entrance at KICKS. On September 29, the viral beauty brand will be launched in Sweden - and both the iconic hair oil and the popular lip oils...
At ten o'clock on Thursday morning, Kicks opened its doors for this year's calendar sales. The servers could not handle the sudden increase in traffic, which led to the website being down...
Last week it became known that Nelly's CEO Helena Karlinder-Östlundh is leaving the clothing company. Now it is clear that she will become the new head of Kicks.
The beauty and health group Matas, which among other things owns Kicks, increased turnover in the first quarter while net profit fell sharply.
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