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Sweden's Sandqvist appoints new CEO as founder steps down

Swedish bag and wallet brand Sandqvist has appointed a new chief executive as its founder and current chief executive steps down.

Caroline Andersson, former Craft Sportswear commercial manager, has taken over to lead the Stockholm-based business in its new phase of growth. Anton Sandqvist, who founded the business 11 years ago, said he will continue to develop collections and build the brand globally.

He said: “It feels good and confident in handing over the chief executive role to Caroline, who, with her extensive background in retail business, analytical skills and good leadership, will do a fantastic job.”

In the UK, Sandqvist is stocked at Asos, Liberty and Urban Outfitters, as well as independents including Badger Clothing in Brighton and The Content Store in London.

Sandqvist has three stores in Sweden, an online store and is planning more international stores in cities around the world over the next few years.

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