Marimekko Corporation, Stock Exchange Release, 12 October 2018 at 9 a.m.
CHANGES IN MARIMEKKO’S MANAGEMENT
Päivi Paltola, Marimekko’s Chief Marketing Officer and member of the Management Group, will leave her position on 12 October 2018. The end of the employment was agreed by mutual consent.
Marimekko will initiate a recruitment process for a new CMO. During the recruitment process, Marimekko’s President and CEO will be heading the company’s marketing organization.
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Nasdaq Helsinki Ltd
Marimekko is a Finnish design company renowned for its original prints and colours. The company’s product portfolio includes high-quality clothing, bags and accessories as well as home décor items ranging from textiles to tableware. When Marimekko was founded in 1951, its unparalleled printed fabrics gave it a strong and unique identity. Marimekko products are sold in about 40 countries. In 2017, brand sales of the products worldwide amounted to EUR 193 million and the company's net sales were EUR 102 million. Roughly 160 Marimekko stores serve customers around the globe. The key markets are Northern Europe, North America and the Asia-Pacific region.The Group employs about 450 people. The company’s share is quoted on Nasdaq Helsinki Ltd. www.marimekko.com
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