Brief: Tallinna Kaubamaja Subsidiary To Close Physical Stores Specialised In Footwear In 2022

TKM Grupp AS

10/09/2021 14:07

Sept 10 (Reuters) - Tallinna Kaubamaja Grupp AS  TKM1T.TL :
    * SAYS TKM KING SUBSIDIARY OF GROUP TO CLOSE ITS ABC KING
AND SHU
PHYSICAL STORES, SPECIALISED IN FOOTWEAR SALES IN 2022
    * SAYS GROUP WILL CONTINUE FOOTWEAR SALES THROUGH
E-CHANNELS, IN
KAUBAMAJA AND IN LARGER SELVER STORES
    * SAYS AT PRESENT, THERE ARE NO PLANS TO SELL SHARES OF TKM
KING
AS, TERMINATION OF COMPANY OR CHANGE  OF THE BOD
    * SAYS DECISION TO CLOSE  ABC KING AND SHU PHYSICAL STORES
DOES
NOT HAVE SIGNIFICANT IMPACT ON THE GROUP’S FINANCIAL RESULTS

Source text:  ID:nGNE5BKM23 
Further company coverage:  TKM1T.TL 

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