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Hufvudstaden AB ( ($SE:HUFV.A) ) has shared an update.
AB Nordiska Kompaniet, a subsidiary of Hufvudstaden AB, has transferred the ownership of its NK Fine Jewellery & Watches department to Nymans Ur 1851. This strategic move allows NK Retail to concentrate on other product categories while leveraging Nymans Ur’s expertise in luxury watches and jewellery to enhance customer experiences. The transition is expected to benefit the overall department store by having specialized experts in various categories, aligning with NK’s vision of offering memorable luxury experiences.
The most recent analyst rating on ($SE:HUFV.A) stock is a Sell with a SEK105.00 price target. To see the full list of analyst forecasts on Hufvudstaden AB stock, see the SE:HUFV.A Stock Forecast page.
More about Hufvudstaden AB
Hufvudstaden AB is a company involved in retail operations, specifically through its subsidiary NK Retail. The company focuses on providing luxury and premium retail experiences, with a market focus on high-end products and customer experiences.
YTD Price Performance: 5.44%
Average Trading Volume: 286,525
Current Market Cap: SEK24.18B
For an in-depth examination of HUFV.A stock, go to TipRanks’ Overview page.