Hagar (company)

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Hagar hf
Industry Retail
Founded Reykjavík, Iceland
Headquarters Reykjavík, Iceland
Key people
Finnur Árnason, Chief executive officer
Website www.hagar.is

Hagar hf is an Icelandic holding company based in Kopavogur that owns a number of retail and wholesale companies in Iceland, Sweden and Denmark. Each of Hagar's companies are run individually. As of 2014, Hagar's subsidiaries had an combined 48% market share in the Icelandic food retail market.[1] As of December 2015, the company operated 55 stores, including the Hagkaup and Bónus chains, and had approximately 2200 employees.[2] Hagar hf is listed on the Iceland Stock Exchange as HAGA.[3]


Hagar also operates stores in Iceland under franchise agreements for Debenhams, Topshop, Zara, Warehouse, Evans, Dorothy Perkins and Karen Millen.


  1. ^ Efla þarf samkeppni á dagvörumarkaði - Margir þurfa að leggja hönd á plóg (PDF) Icelandic competition authority (in Icelandic) 10 march 2015, p. 27
  2. ^ "Company Overview of Hagar hf". Research. Bloomberg Business. Retrieved 30 December 2015. 
  3. ^ "Hagar". News. Nasdaq Nordic. December 16, 2011. Retrieved 30 December 2015. 

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