Overview
Lindex Group is a Finnish-listed retail group with two businesses: the Swedish fashion company Lindex, with around 440 stores in 17 markets, and Stockmann, the premium multi-brand department store chain in Finland and the Baltics. For brands, the two divisions work very differently. Lindex mainly sells its own designs, while Stockmann sells a wide range of outside brands in fashion, beauty and home, in its department stores and online at stockmann.com.
Who is behind Lindex Group
The group's roots go back to 1862, when Stockmann was founded in Helsinki. Stockmann bought Lindex in 2007, and in 2024 the parent company changed its name from Stockmann plc to Lindex Group plc to reflect Lindex's larger role, while the department stores keep the Stockmann name. The group is listed on Nasdaq Helsinki. In 2025 group revenue was EUR 952.3 million, up from EUR 940.1 million, with an adjusted operating result of EUR 69.5 million. Lindex makes up about 68% of revenue and Stockmann about 32%. The group has 5,940 employees, about a third of them in Sweden and a third in Finland.
The Lindex division
Lindex was founded in 1954 as a lingerie store in Alingsås, Sweden, and is headquartered in Gothenburg. It is one of Europe's leading fashion companies, with around 440 stores in 17 markets and online sales worldwide through its own web shop and third-party partners. Its range covers womenswear, kidswear, lingerie and cosmetics, and it is the market leader in lingerie in the Nordics. Lindex designs its own collections and works with independent suppliers, so it is mainly a channel for manufacturers rather than for outside brands.
The Stockmann division
Stockmann describes itself as a premium multi-brand omnichannel retailer whose purpose is to be "a marketplace for a good life". It runs seven department stores and an online store in Finland, Estonia and Latvia, and sells fashion, cosmetics, home products and more from many brands. In 2025 Stockmann outperformed the fashion market in Finland, and it has closed or sold some properties to focus the business.
How brands can work with Lindex Group
- Through Stockmann, as a supplier of fashion, beauty, accessories or home products to its department stores and online store. Stockmann buys and selects the brands it carries.
- Through Lindex, mainly as a manufacturing or sourcing partner, since Lindex sells its own designs.
A brand approaching Stockmann should be ready with:
- A premium or quality positioning that fits a department store range.
- Finnish, Estonian and Latvian product content for stores and the online store.
- EU product compliance for the category, such as cosmetics, textile or toy rules.
- Marketing and in-store support for department store visibility.
Why Lindex Group matters for brands
Stockmann is one of the best-known retail names in Finland and the Baltics, and a place in its department stores gives a brand visibility and credibility in those markets. Lindex, meanwhile, shows the scale of Nordic fashion retail and is a potential partner for suppliers.
How eBrands looks at Lindex Group
eBrands is headquartered in Helsinki and works with brands on marketplaces and retail channels across Europe and North America. If you want to see how a retailer like Stockmann could sit alongside the channels you already use, we are happy to talk it through.
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