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Hagar (company)

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Hagar hf
Company typePrivate
IndustryRetail
FoundedReykjavík, Iceland
HeadquartersReykjavík, Iceland
Key people
Finnur Árnason, Chief executive officer
Websitewww.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 October 2016, the company operated 57 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]

Operations

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

References

  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.