Lyko opens successful FAB-store in Kvarteret Giraffen
Over 1,500 in queue, almost 6,000 visitors day 1 and smashed sales record. Kalmar received the store enthusiastically.
See the latest news and media coverage for Lyko. We track all announcements, press releases, and industry mentions in real time, all in one place.
Online beauty and personal care retailer
lyko.comLast updated
In short: Lyko implemented a major cost reduction programme and efficiency measures following financial pressure, despite achieving record store launches.
Over 1,500 in queue, almost 6,000 visitors day 1 and smashed sales record. Kalmar received the store enthusiastically.
Net sales fell 4.8% to SEK 875m, but gross margin rose to 44.1%. Cost savings boosted underlying EBIT to SEK 25m. Own brands grew 14%.
Net sales rose 17% to SEK 1,278m. Implements SEK 100m cost savings program affecting 70 FTEs. New warehouse delivers long-term gains.
Spring 2026 the store is established in Shoppingcenter to reach Swedish and Norwegian customers and strengthen physical presence. Quote from Chief Retail Officer emphasizes strategic importance.
It has been a tough period, we have had to make decisions that affected many employees, and those are decisions you never take lightly. But it...
Net sales amounted to SEK 875m in the quarter, representing a year-over-year decrease of 4.8%. The decline reflects deliberate commercial discipline in a market that...
The hair care and beauty company Lyko reports an operating profit of 4 million kronor for the first quarter of 2026 (28). The operating margin amounted to...
Beauty company Lykos CEO Richard Lyko has decided to leave the company's board, referring to the Swedish Code of Corporate Governance. It appears from...
Track Lyko and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Browse news for competitors to Lyko and other trending companies.