New Wave Group AB Annual report 2017 EN | Page 28

GIFTS & HOME FURNISHINGS Several strong brands such as Kosta Boda, Orrefors, and Sagaform comprise part of the Gifts & Home Furnishings operating segment. The brands are established in 15 countries. Sweden is the largest market and also accounts for a large proportion of sales. In 2017, Gifts & Home Furnishings accounted for 12 % of the Group’s sales and SEK 14.4 million of the Group’s EBITDA. The brands are sold primarily on the retail market, but also within the promo market. NET SALES EBITDA SEK million SEK million 15 800 700 12 600 500 9 400 6 300 200 3 100 0 0 2017 2016 2017 2016 ORREFORS KOSTA BODA AB 2017 was characterized by the celebration of our 275th anniversary of the Kosta Boda brand. The celebration was crowned by the King and Queen coming to Kosta on the 6th June, and together, the King and our glass artist Bertil Vallien moulded the royal boat. Under the slogan "275 years of history means 275 years of the future" a variety of exhibitions occurred, both in Sweden and internationally, all contributing to strengthening our brand and position as one of Europe's leading glass brands. Several new glass artists became part of the company, among them Hanna Hansdotter, Mattias Stenberg and Frida Fjällman who appeal to a new generation of glass-loving consumers. KOSTA BODA Kosta Boda stands for products with a distinct soul, where color, shape and artistry create a personal expression. Everything from the new elegant everyday series Kosta Boda Bruk, to exclusive unique art glass. In 2017, the most expensive art glass product ever sold by Bertil Vallien, Passage, was to an art collector in the United States. During the year, massive marketing aimed at consumers in the Nordic region and the United States was primarily initiated through adver- tising at airports, airplanes and travel magazines aimed at increasing brand awareness towards a new generation of glass lovers. 28 | NWG 2017