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	<title>country-dreams &#8211; Øresund Startups</title>
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		<title>Founder of Nelly.com takes over Country-Dreams</title>
		<link>https://oresundstartups.com/founder-of-nelly-com-takes-over-country-dreams/</link>
					<comments>https://oresundstartups.com/founder-of-nelly-com-takes-over-country-dreams/#respond</comments>
		
		<dc:creator><![CDATA[Louisa Rabaeus]]></dc:creator>
		<pubDate>Mon, 18 May 2015 14:21:27 +0000</pubDate>
				<category><![CDATA[Startup News]]></category>
		<category><![CDATA[country-dreams]]></category>
		<category><![CDATA[NA-KD.com]]></category>
		<category><![CDATA[nelly.com]]></category>
		<guid isPermaLink="false">http://oresundstartups.com/?p=8915</guid>

					<description><![CDATA[<p>In 2003, Jarno Vanhatapio founded Nelly.com, Scandinavia’s biggest fashion retailer online, and ran it during ten years. Now, Vanhatapio is focusing on his new global fashion business NA-KD.com and therefore buys the Malmö-based online store Country-Dreams. “NA-KD.com acquires the company because it fits well into our diversified fashion industry and it will kick-start our operational activities. [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://oresundstartups.com/founder-of-nelly-com-takes-over-country-dreams/">Founder of Nelly.com takes over Country-Dreams</a> appeared first on <a rel="nofollow" href="https://oresundstartups.com">Øresund Startups</a>.</p>
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										<content:encoded><![CDATA[<p>In 2003, <a href="https://www.linkedin.com/profile/view?id=95441542&amp;authType=NAME_SEARCH&amp;authToken=xjun&amp;locale=en_US&amp;srchid=4066000601431944078974&amp;srchindex=1&amp;srchtotal=4&amp;trk=vsrp_people_res_name&amp;trkInfo=VSRPsearchId%3A4066000601431944078974%2CVSRPtargetId%3A95441542%2CVSRPcmpt%3Aprimary%2CVSRPnm%3Atrue" target="_blank">Jarno Vanhatapio</a> founded <a href="http://www.nelly.com" target="_blank">Nelly.com</a>, Scandinavia’s biggest fashion retailer online, and ran it during ten years. Now, Vanhatapio is focusing on his new global fashion business NA-KD.com and therefore buys the Malmö-based online store <a href="http://www.country-dreams.se" target="_blank">Country-Dreams</a>.</p>
<blockquote><p>“NA-KD.com acquires the company because it fits well into our diversified fashion industry and it will kick-start our operational activities. We also believe that Country-Dreams is a &#8220;diamond in the rough&#8221; that we can start to scale upwards with a well-balanced profit margin” says Jarno Vanhatapio.</p></blockquote>
<p>Since 2008, Anna Weinberg has run Country-Dreams. When she bought the company, it was close to bankruptcy, but as Weinberg took over sales has grown every year. Last year, Country-Dreams had a turnover of € 1.7 millions and an operating profit (before tax) of around € 470 000. Today, Country-Dreams is one of Sweden&#8217;s most profitable fashion companies online.</p>
<blockquote><p>”I decided to sell Country-Dreams when Jarno contacted me. The timeing was good: Country-Dreams needed funding in order to grow. I believe that his experience will benefit the company” says Anna Weinberg.</p></blockquote>
<p>Anna Weinberg will resign as CEO of the company, but remain operational during a transition phase. The plan for Country-Dreams is to maintain the brand and run the store as a subsidiary of NA-KD.com. Synergy effects arise both in the purchasing department and by the move of the warehouse to NA-KD.com in Borås, Sweden. In the future, an international launch is planned.</p>
<blockquote><p>“We believe that the Country Dreams, together with NA-KD.com, has a great future in the fashion industry and we look forward to many fun and successful year together with customers and suppliers” says Anna Weinberg.</p></blockquote>
<p>The post <a rel="nofollow" href="https://oresundstartups.com/founder-of-nelly-com-takes-over-country-dreams/">Founder of Nelly.com takes over Country-Dreams</a> appeared first on <a rel="nofollow" href="https://oresundstartups.com">Øresund Startups</a>.</p>
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