Iittala’s 20 directly operated stores
First written in FY2017-Q1. 2 of 6 entries say "Restated". Latest entry: FY2020-Q1.
No other company in this theme has enough history to compare yet.
- FY2020-Q1ReframedAnnual report
「As the importance of the imported merchandise sales business declined from the first quarter, it is included under Other.」
Following the restructuring of Scandex's business, the imported merchandise sales business was deemed immaterial and incorporated into the Other reporting category. - FY2018ReframedAnnual report
「The agreement with Fiskars (Finland), the supplier of Iittala products, ended on 31 December 2017. In February 2018, however, the company opened a new directly operated store, Scandex, bringing together multiple Nordic living brands.」
The business positioning changed from the previous 21-store directly operated Iittala network to the termination of the supply agreement and a new business model featuring multiple brands. - FY2017RestatedAnnual report
「A new Iittala Sapporo Daimaru store was opened in September 2016, bringing the total to 21 stores, and revenue from directly operated stores increased, but」
Reiterated the 21-store directly operated Iittala network as the full-year result. - FY2017-Q3AdvancedAnnual report
「Revenue increased after a new Iittala Sapporo Daimaru store was opened in September, bringing the total to 21 stores, but」
Iittala's directly operated store network expanded from 20 to 21 stores following the opening of a new store. - FY2017-Q2RestatedAnnual report
「However, operating income was below the previous year due to increased selling, general and administrative expenses associated with the opening of new stores and other factors.」
Reiterated the impact of the 20 directly operated Iittala stores and higher selling, general and administrative expenses associated with new store openings. - FY2017-Q1First statedAnnual report
「Revenue exceeded the previous year, partly because 5 new stores were opened in FY2015, bringing the total to 20 stores.」
Recorded as a result of the expansion of Scandex's directly operated stores.