The net sales and operating profits of Marimekko fell notably in the third quarter of the year. The iconic design company reported on Thursday that its net sales slipped by 8 per cent year-on-year to 25 million euros and that its operating profits fell from nearly 5 million to 1.2 million euros between July and September.
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Marimekko endures difficult Q3
“I am not satisfied with the development of our sales,” Tiina Alahuhta-Kasko, the chief executive at Marimekko, states in a press release roughly six months after taking the reins of the design company.