Marimekko - Changes board/management/auditors

CHANGES IN MARIMEKKO’S MANAGEMENT

Marimekko Corporation, Stock Exchange Release, 27 February 2017 at 8.30 a.m.

CHANGES IN MARIMEKKO’S MANAGEMENT

Anna Teurnell, Marimekko’s Creative Director and member of the Management
Group, will step down from her position on 27 February 2017. The end of the
employment was agreed by mutual consent. Anna Teurnell joined Marimekko in 2014
to reinforce the international competitiveness of the company's design
management, with special focus on building the ready-to-wear line as the
lifestyle brand’s spearhead. 

Marimekko’s design and product development team will continue the development
of the company’s ready-to-wear collections to serve an even wider group of
customers around the world. On 9 February 2017, the company announced that
Rebekka Bay, one of the most esteemed design professionals in the international
fashion industry, has been proposed as a new member of Marimekko’s Board of
Directors. She will support Marimekko’s design and product development team
during transition until a new team leader is appointed. 

“I want to thank Anna Teurnell for her important contribution to the
development of our collections during the past two and a half years, in
particular within the ready-to-wear line. She has done a good job in
modernising the line, improving combinability and introducing versatility in
materials, which has resulted in increased international interest in our brand.
Having reached this point, we have decided to move on to the next stage.
Building on Marimekko’s original, positive and colourful design philosophy, we
are going to enhance the commercial prospects of our collections and seek
markedly stronger growth than before,” says Tiina Alahuhta-Kasko, Marimekko’s
President and CEO. 

Rebekka Bay is Head of Design and Product for the US-based apparel brand
Everlane and has previously worked, for example, as Creative Director of Gap
Inc. (New York) and COS (London). 

MARIMEKKO CORPORATION
Corporate Communications

Piia Kumpulainen
Tel. +358 9 758 7293
piia.kumpulainen@marimekko.com

DISTRIBUTION:
Nasdaq Helsinki Ltd
Key media

Marimekko is a Finnish design company renowned for its original prints and
colours. The company’s product portfolio includes high-quality clothing, bags
and accessories as well as home décor items ranging from textiles to tableware.
When Marimekko was founded in 1951, its unparalleled printed fabrics gave it a
strong and unique identity. Marimekko products are sold in about 40 countries.
In 2016, brand sales of the products worldwide amounted to EUR 194 million and
the company's net sales were close to EUR 100 million. Roughly 160 Marimekko
stores serve customers around the globe. The key markets are Northern Europe,
North America and the Asia-Pacific region. The Group employs about 400 people.
The company’s share is quoted on Nasdaq Helsinki Ltd. www.marimekko.com