NEWS AND PRESS RELEASES
Polap-Team Oy has acquired Wheslyn Group Oy, the owner of the lifestyle and fashion brand Balmuir. Polap-Team Oy is the parent company of the Finnish L-Fashion Group from Lahti. The acquisition supports the growth strategy of Balmuir and strengthens its international operation.
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On April 4th, 2019, Finnwatch released a report about Wheslyn Group Oy’s sourcing of Balmuir home decor leather products in India. The report focuses on H.S. Export, the partner of Wheslyn Group in India. According to the report’s findings, there are nonconformities in H.S. Exports supply chain in terms of wages and social security payments. Wheslyn Group takes these findings seriously and has taken immediate action to rectify the identified problems.
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