Nelly chairman calls CEO/CFO exits 'coincidence in time' amid financial pressure

The chairman of financially pressured online fashion retailer Nelly, Ebba Ljungerud, stated that the simultaneous departure of the CEO and CFO is a 'coincidence in time', prioritizing the right competence and cultural fit over speed in replacements. This follows ongoing financial strain at the company, raising questions about leadership stability and strategic direction. The market impact is limited but signals potential governance risk for the firm.