Brief: Stockmann's Subsidiary Lindex Invests In A New Omnichannel Warehouse

Lindex Oyj

24/05/2022 07:12

May 24 (Reuters) - Stockmann Oyj Abp  STOCKA.HE :
    * STOCKMANN'S SUBSIDIARY LINDEX INVESTS IN A NEW OMNICHANNEL
WAREHOUSE FOR CONTINUED GROWTH
    * LINDEX IS INVESTING FOR FUTURE GROWTH AND WILL BUILD A
NEW,
HIGHLY AUTOMATED OMNICHANNEL WAREHOUSE IN ALINGSÅS IN SWEDEN
    * INITIAL CAPACITY FOR E-COMMERCE WILL BE APPROXIMATELY 13
000
PICKED AND PACKED GARMENTS PER PRODUCTION HOUR.
    * AMOUNT OF CAPITAL EXPENDITURE IS APPROXIMATELY EUR 110
MILLION
INCLUDING LAND, BUILDING AND AUTOMATION.
    * HIGHLY AUTOMATED AND CLIMATE SMART FACILITY WILL BE
APPROXIMATELY 40 000 SQUARE METERS IN SIZE AND IS PLANNED TO BE
BROUGHT INTO OPERATION IN 2024

Source text for Eikon:  ID:nWkr6Gbk86 
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