Ellos Group
Department Stores, Shopping Centers & Superstores · Sweden · 201-500 Employees
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Overview
Headquarters
Ödegärdsgatan 6, Boras, Vaestra Goetalan...Phone Number
+46 33160000Website
www.ellosgroup.comRevenue
$105.6 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
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About Ellos Group
The Ellos Group, which includes the online stores Ellos, Jotex and Homeroom as well as the payment brand Elpy, is a leading destination for fashion and home furnishings in the Nordic region, offering attractive and sustainable products for women in mid-life, their families and their homes by working closely with a broad customer base; the group continuously develops its business through innovation, creativity and sustainability with a strong customer focus, and operates from its headquarters in Borås across the Nordic countries and selected European markets.Explore more
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Company Profile Activity
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Ellos Group is experiencing very low activity levels compared to other companies in the Retail sector.
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Ellos Group is drawing exceptional interest within the Retail industry, suggesting notable developments or strong market momentum, learn more about Ellos Group.
Ellos Group financials insights
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2025
Debt
$43M
Ellos Group Tech Stack
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Ellos Group News & Media
Ellos Group announces completion of refinancing milestone – bondholders become new owners and liquidity financing is underwritten
Press release, Borås, 24 September 2024 An agreement has been concluded for the sale of all assets of the bankruptcy estate of Ellos Group AB (the “Parent”), including the shares in Ellos Group Nordic AB (the “Company”), to an entity controlled by the Ellos Group bondholders. The transaction is a major achievement, providing a fresh start and unlocking the SEK 250 million of liquidity financing for the Ellos group. The transaction comes after the negotiations betweenEllos Group announces that ad-hoc group of bondholders proposes credit facility confirming continued support
Press release, Borås, 10 September 2024 Ellos Group Nordic AB (the “Company”) has been informed that its parent company Ellos Group AB (the “Parent”) filed for bankruptcy yesterday. The bankruptcy only involves the Parent and will not involve or affect the operations of the remaining Ellos group. An ad-hoc group of bondholders (“AHG”) has now proposed a forbearance arrangement, confirmed continued support for the business and willingness to support a transaction whereby the bondholders takeParent company in Ellos Group files for bankruptcy - Ellos Group operations not affected
Press release, Borås, 9 September 2024 · Ellos Group and its subsidiaries are not part of the Parent Company's bankruptcy and continue operations as before. Ellos Group AB (publ) (the "Parent Company") announced on 28 August 2024 that negotiations for a long-term financing solution were ongoing with an ad-hoc group of bondholders ("AHG") and that a process to change the ownership of the subsidiary Ellos Group Nordic AB (publ) ("Ellos Group") was initiated. AHG hasEllos Group announces intention to initiate change of ownership structure and announces a change to the Board of Directors in the parent company
NOT FOR DISTRIBUTION IN OR TO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED) OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS PRESS RELEASE Press release, Borås, 28 August 2024 Ellos Group AB (publ) (the "Parent Company") is working to find a long-term financing solution and today announces its intention
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The Ellos Group, which includes the online stores Ellos, Jotex and Homeroom as well as the payment brand Elpy, is a leading destination for fashion and home furnishings in the Nordic region, offering attractive and sustainable products for women in mid-life, their families and their homes by working closely with a broad customer base; the group con... Read More
