J.Lindeberg

Since its first collection in 1997, J.Lindeberg has successfully combined fashion and sportswear. The Company’s main collection and its progressive golf and ski collections are sold worldwide in more than 25 countries including the USA, UK, Scandinavia and Japan. J.Lindeberg flagship stores are located in Stockholm, New York, Los Angeles and Copenhagen. The brand’s apparel is also carried by leading independent boutiques, upscale departments stores and some of the world’s most exclusive golf pro shops. Headquartered in Stockholm, J.Lindeberg’s annual revenue is approximately EUR 30 million.

In the past few years the company has suffered from weak profitability, a non-optimal group structure and internal turbulence. Through a preferential rights issue, Proventus, together with Stefan Engström, became the new principal owner of J. Lindeberg in July 2007. As the principal owner we are now taking a number of measures in order to develop and re-energize the company, based on its strong brand and employees.

Read the press release issued on July 4, 2007