Nelly Focuses Operations On The Nordics And Streamlines Its Organization

Nelly AB (publ)

03/02/2020 10:03

Feb 3 (Reuters) - Qliro Group AB (publ)  QLRO.ST :
    * NELLY FOCUSES OPERATIONS ON THE NORDICS AND STREAMLINES
ITS
ORGANIZATION
    * QLIRO GROUP AB (PUBL) - NELLY IS INITIATING AN ACTION PLAN
TO
ENSURE THAT COMPANY HAS RIGHT FOUNDATION FOR PROFITABLE GROWTH.
    * QLIRO GROUP AB (PUBL) - PLAN ALSO INCLUDES MEASURES TO
REDUCE
INVENTORY LEVELS AND DECREASE ADMINISTRATIVE ORGANIZATION WITH
ABOUT 25 POSITIONS.
    * QLIRO GROUP AB (PUBL) - ADJUSTMENT OF ORGANIZATION
CONCERNS
ABOUT 25 OF ABOUT 200 POSITIONS IN ADMINISTRATIVE ORGANIZATION.
    * QLIRO GROUP AB (PUBL) - OUTSIDE NORDICS, COMPANY INTENDS
TO
REDUCE ITS OWN SALES EFFORTS AND INCREASINGLY DRIVE SALES
THROUGH OTHER CHANNELS

Source text for Eikon:  ID:nWkr514xzx 
Further company coverage:  QLRO.ST 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))