Description

Kid ASA, a company established in 1937 and headquartered in Lier, Norway (formerly Nordisk Tekstil Holding AS), functions as a prominent retailer of home furnishings and textiles. Its operations span Norway, Sweden, Finland, and Estonia. The company manages the entire product lifecycle, from initial design and sourcing to marketing and sales, offering a comprehensive selection of interior goods. This extensive product line encompasses textiles such as curtains and bed linens, as well as various home accessories, decorative elements, kitchenware, lighting fixtures, dining essentials like napkins, oils, and spices, and even outdoor furniture. These items are sold under proprietary brands including Kid, Hemtex, Dekosol, and Nordun. Beyond retail activities, Kid ASA also delivers logistics services. As of December 31, 2021, the company maintained a substantial physical retail presence, operating 153 wholly-owned stores in Norway, 120 wholly-owned and 12 franchised stores in Sweden, 8 wholly-owned stores in Finland, and 5 wholly-owned stores in Estonia, augmented by a robust online sales channel.