clothing retailer, which in 2017 was re-branded as from the Vivikes, has struggled with negative operating profit in several years.
the Reorganisation did not lead to improved results, and the Varner Group has now decided to discontinue operations in the course of twelve months, says in a press release.
- It is sad that we have not succeeded with the turnaround for Days Like This, especially for the employees who have put down a large bet to try to turn the ship. But tallenes tale is aware, there is no basis for further operations, " says Varner-director Øyvind Bustnes.
Varner bought Vivikes in 1994. The chain had a turnover in 2018 at 232 million and focused on the market for women aged 40 years and upwards.Lindex are now considering to close down the shops