Kappahl Group has appointed Esko Österbacka as its new Chief Financial Officer. Esko Österbacka brings more than 25 years of experience in finance across a range of industries. He most recently served as CFO at Nordic Garden Group, which includes Blomsterlandet and Plantehallen. He will assume the position no later than the turn of the year 2026/2027.
In Spring 2026, Kappahl Group will expand and open several Kappahl and Newbie stores in Iceland. Preparations for the new stores have started - eight Kappahl stores and one Newbie store will open through the Icelandic franchise partner LKA 19 - with openings planned for Spring next year. “This establishment is part of our growth strategy to strengthen our presence in the Nordic market
Newbie, a part of the Kappahl Group, is continuing its international growth with an ambitious expansion plan. The company is intensifying its presence in the UK with several new store openings planned for 2025. Newbie’s success is built on creating an inspiring shopping environment and on its firm focus on sustainability, characterised by quality, timeless design and a nostalgic style.
