Swedish Fashion Brand Filippa K Acquired by Oscar Jacobson

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Swedish Fashion Brand Filippa K Acquired by Oscar Jacobson
Photo: Christine Olsson/TT

Swedish fashion brand Filippa K gets a new owner. Founder Filippa Knutsson as well as investment company Novax sell the loss-making company to Mellby Gårds men's clothing company Oscar Jacobson, reports Dagens industri.

"I left Filippa K operationally several years ago, so it feels nice to come to a conclusion both mentally and emotionally", writes Filippa Knutsson, who founded the company in 1993, in a comment to Di.

Last year, the company made a loss of 39 million kronor, while the turnover amounted to 436 million kronor.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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