A Finnish fashion brand worn by Jennifer Lawrence, Rosie Huntington-Whiteley, and Kelly Rutherford may look like an overnight success story. In reality, Almada Label’s rise into Hollywood closets has been the result of deliberate global positioning from day one. It is also a reminder that in a small market, scale begins with mindset.

Almada Label, a Finnish fashion brand founded by friends Alexa Dagmar and Linda Juhola, has quietly found its way into the wardrobes of Hollywood actors and global influencers. Its pieces have appeared on red carpets, in editorials, and on the social feeds of stylists whose client lists define global taste.

From the outside, it may look sudden, but in reality, it was built deliberately, and globally, from day one.

Almada Label founders Linda Juhola and Alexa Dagmar (right). Photo by the brand.

“Finland is such a small market. There simply aren’t enough people here to build a sustainable consumer business at scale,” the founder, Alexa Dagmar, says. “The world is full of opportunity, and through the internet, you can reach anyone. It would be foolish not to try to do this globally.”

Neither founder studied fashion formally. But Alexa grew up around consumer business through her family and learned early that building a brand meant thinking beyond borders.

From the start, Almada treated itself as an international project rather than a local label, hoping to expand later. The early instinct was to look first toward Sweden, Norway, and Denmark. Being nearby made those markets feel like the natural next step.

But something unexpected happened.

Through social media, organic interest began to come not from nearby markets, but from Germany and the United States. Stylists and influencers in those countries responded strongly to the minimalist Finnish aesthetic. 

“We realized it doesn’t matter what is physically close,” she says. “What matters is where the organic interest starts. There’s no point pushing into a market unless there is a real reason to be there.”

In Germany, the market lacked strong local brands in the same niche. In the US, Nordic minimalism carried cultural cachet. Influencers began discovering the label through social media. Stylists began requesting pieces. 

Building visibility without big budgets

Unlike many fashion brands, Almada did not launch with major funding. The company has always been self-financed. There was no large marketing budget, no global PR machine in the early years.

Instead, the founders relied on a focused digital strategy and persistence.

Performance marketing on Meta, Google, and Pinterest supported e-commerce growth, but most visibility came through relationships. The founders personally reached out to stylists and influencers. They offered products to try without pressure and without expectation.

“We’ve never forced placements. We’ve simply asked if someone would like to try the pieces.”

This approach carried risk. There were no guarantees of coverage or exposure. But it allowed the brand to remain selective and authentic. When a stylist with a strong network discovered the label, new opportunities followed quickly. One placement led to another. The effect was cumulative — a snowball rolling downhill.

Over time, the PR and gifting pool expanded organically. For years, this was handled entirely in-house. Only recently has the brand partnered with a PR agency with offices in London and New York to coordinate loans and products to media and stylists more systematically.

Distribution: fewer places, better places

From the beginning, Almada Label prioritized quality over scale in distribution. The goal was never to be everywhere. It was to be in the right places.

Almada Label is known for its minimalistic and clean aesthetic. Photo by the brand.

Premium positioning requires patience. Entering too many stores too quickly risks diluting the brand. Instead, the founders waited until they could secure placement in the specific boutiques and department stores they wanted. If the right partner wasn’t available, they waited longer.

E-commerce has been the backbone. Even recently, in 2025, nearly 80 percent of turnover has come from e-commerce, with Finland representing less than 20 percent of total sales.

Retail expansion has followed credibility, not the other way around. Today, Almada is present in locations such as Le Bon Marché in Paris, Harrods in London, and department stores within the KaDeWe Group in Germany. In many cases, buyers have discovered the brand through influencers and stylists rather than traditional wholesale outreach.

An international sales agency and consultants have supported the expansion, but the core strategy has remained consistent: treat the brand as global from the beginning.

Lessons from building globally from day one

Dagmar believes small Finnish labels can think globally from the start.

“You have to treat your brand as an international project,” she says. “All copy, all communication, all visuals. Otherwise, it’s very hard to be found organically.”

Trade fairs and industry events also played a role. Attending international fashion fairs allowed the founders to understand budgets, meet contacts, and test assumptions. Many of the practical realities of scaling globally became clear only through these experiences.

The founders’ own influencer backgrounds gave them an advantage. They understood how digital ecosystems worked and how stylists and creators discover new brands. That knowledge helped them navigate the early stages without large budgets.

The lesson for B2C founders is not that Hollywood is the goal. It is that global positioning must be the starting point.

In a small market, you rarely grow into the world by first dominating Finland. More often, you grow into Finland by first mattering somewhere else.

|

Weekend

Think global from day one: How Finland’s Almada Label entered Hollywood closets

Think global from day one: How Finland’s Almada Label entered Hollywood closets

·

5 min read

Credit: Linda Juhola and Alexa Dagmar, Almada Label

Credit: Linda Juhola and Alexa Dagmar, Almada Label

A Finnish fashion brand worn by Jennifer Lawrence, Rosie Huntington-Whiteley, and Kelly Rutherford may look like an overnight success story. In reality, Almada Label’s rise into Hollywood closets has been the result of deliberate global positioning from day one. It is also a reminder that in a small market, scale begins with mindset.

Almada Label, a Finnish fashion brand founded by friends Alexa Dagmar and Linda Juhola, has quietly found its way into the wardrobes of Hollywood actors and global influencers. Its pieces have appeared on red carpets, in editorials, and on the social feeds of stylists whose client lists define global taste.

From the outside, it may look sudden, but in reality, it was built deliberately, and globally, from day one.

Almada Label founders Linda Juhola and Alexa Dagmar (right). Photo by the brand.

“Finland is such a small market. There simply aren’t enough people here to build a sustainable consumer business at scale,” the founder, Alexa Dagmar, says. “The world is full of opportunity, and through the internet, you can reach anyone. It would be foolish not to try to do this globally.”

Neither founder studied fashion formally. But Alexa grew up around consumer business through her family and learned early that building a brand meant thinking beyond borders.

From the start, Almada treated itself as an international project rather than a local label, hoping to expand later. The early instinct was to look first toward Sweden, Norway, and Denmark. Being nearby made those markets feel like the natural next step.

But something unexpected happened.

Through social media, organic interest began to come not from nearby markets, but from Germany and the United States. Stylists and influencers in those countries responded strongly to the minimalist Finnish aesthetic. 

“We realized it doesn’t matter what is physically close,” she says. “What matters is where the organic interest starts. There’s no point pushing into a market unless there is a real reason to be there.”

In Germany, the market lacked strong local brands in the same niche. In the US, Nordic minimalism carried cultural cachet. Influencers began discovering the label through social media. Stylists began requesting pieces. 

Building visibility without big budgets

Unlike many fashion brands, Almada did not launch with major funding. The company has always been self-financed. There was no large marketing budget, no global PR machine in the early years.

Instead, the founders relied on a focused digital strategy and persistence.

Performance marketing on Meta, Google, and Pinterest supported e-commerce growth, but most visibility came through relationships. The founders personally reached out to stylists and influencers. They offered products to try without pressure and without expectation.

“We’ve never forced placements. We’ve simply asked if someone would like to try the pieces.”

This approach carried risk. There were no guarantees of coverage or exposure. But it allowed the brand to remain selective and authentic. When a stylist with a strong network discovered the label, new opportunities followed quickly. One placement led to another. The effect was cumulative — a snowball rolling downhill.

Over time, the PR and gifting pool expanded organically. For years, this was handled entirely in-house. Only recently has the brand partnered with a PR agency with offices in London and New York to coordinate loans and products to media and stylists more systematically.

Distribution: fewer places, better places

From the beginning, Almada Label prioritized quality over scale in distribution. The goal was never to be everywhere. It was to be in the right places.

Almada Label is known for its minimalistic and clean aesthetic. Photo by the brand.

Premium positioning requires patience. Entering too many stores too quickly risks diluting the brand. Instead, the founders waited until they could secure placement in the specific boutiques and department stores they wanted. If the right partner wasn’t available, they waited longer.

E-commerce has been the backbone. Even recently, in 2025, nearly 80 percent of turnover has come from e-commerce, with Finland representing less than 20 percent of total sales.

Retail expansion has followed credibility, not the other way around. Today, Almada is present in locations such as Le Bon Marché in Paris, Harrods in London, and department stores within the KaDeWe Group in Germany. In many cases, buyers have discovered the brand through influencers and stylists rather than traditional wholesale outreach.

An international sales agency and consultants have supported the expansion, but the core strategy has remained consistent: treat the brand as global from the beginning.

Lessons from building globally from day one

Dagmar believes small Finnish labels can think globally from the start.

“You have to treat your brand as an international project,” she says. “All copy, all communication, all visuals. Otherwise, it’s very hard to be found organically.”

Trade fairs and industry events also played a role. Attending international fashion fairs allowed the founders to understand budgets, meet contacts, and test assumptions. Many of the practical realities of scaling globally became clear only through these experiences.

The founders’ own influencer backgrounds gave them an advantage. They understood how digital ecosystems worked and how stylists and creators discover new brands. That knowledge helped them navigate the early stages without large budgets.

The lesson for B2C founders is not that Hollywood is the goal. It is that global positioning must be the starting point.

In a small market, you rarely grow into the world by first dominating Finland. More often, you grow into Finland by first mattering somewhere else.

Board Programme

Built for Nordic listed company boards.

The only programme in the Nordics designed specifically for listed-company board work.
Five sessions, one cohort, twenty leaders in one room - Helsinki, 2026.

Board Programme

Built for Nordic listed company boards.

The only programme in the Nordics designed specifically for listed-company board work.
Five sessions, one cohort, twenty leaders in one room - Helsinki, 2026.

Topics

# Topics

Authors

Founder and ceo

Helene Auramo is a co-founder of Listeds and Nordic Listed Leaders. She has previously co-founded Slush, Indiedays, Zipipop, and Okimo Clinic, building ventures at the intersection of media, technology, and community. She holds board positions at the Finnish Business School Graduates (Suomen Ekonomit) and Finnvera, and serves as Chair of the Investment Committee at the Finnish Business School Graduates. Helene is also a columnist for Talouselämä, Finland’s leading business magazine, and Aamulehti, one of the country’s largest newspapers. Her work focuses on leadership, growth, and the structures that shape decision-making in Nordic companies. She was awarded Future Board Member of the Year in 2022 by Future Board.

Founder and ceo

Helene Auramo is a co-founder of Listeds and Nordic Listed Leaders. She has previously co-founded Slush, Indiedays, Zipipop, and Okimo Clinic, building ventures at the intersection of media, technology, and community. She holds board positions at the Finnish Business School Graduates (Suomen Ekonomit) and Finnvera, and serves as Chair of the Investment Committee at the Finnish Business School Graduates. Helene is also a columnist for Talouselämä, Finland’s leading business magazine, and Aamulehti, one of the country’s largest newspapers. Her work focuses on leadership, growth, and the structures that shape decision-making in Nordic companies. She was awarded Future Board Member of the Year in 2022 by Future Board.

Authors

Founder and ceo

Helene Auramo is a co-founder of Listeds and Nordic Listed Leaders. She has previously co-founded Slush, Indiedays, Zipipop, and Okimo Clinic, building ventures at the intersection of media, technology, and community. She holds board positions at the Finnish Business School Graduates (Suomen Ekonomit) and Finnvera, and serves as Chair of the Investment Committee at the Finnish Business School Graduates. Helene is also a columnist for Talouselämä, Finland’s leading business magazine, and Aamulehti, one of the country’s largest newspapers. Her work focuses on leadership, growth, and the structures that shape decision-making in Nordic companies. She was awarded Future Board Member of the Year in 2022 by Future Board.

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21 September 2026

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Executive Intelligence

Women hold 34.9% of Helsinki board seats. The chair's seat moved the other way.

Sep 14, 2026

The half in which the EU board gender directive fell due, measured against the Listeds board composition dataset. Women's share of board seats rose 1.3 points. The share of female chairs fell from 12.0% to 10.7%.

According to the Board Index — Finland H1 2026 study by Listeds and Admincontrol, women's share of board seats on Nasdaq Helsinki rose from 33.6% to 34.9% over the first half of the year. The gain was 1.3 percentage points in six months, continuing the upward trend that began in 2022 (28.2%). 30 June 2026 was the compliance deadline for the EU directive on gender balance on the boards of listed companies (Directive (EU) 2022/2381). The largest single-year gain, however, came in 2025, when the share climbed 3.0 points from 30.6% to 33.6% — a full year before the deadline took effect.

The 40% target applies to a narrower group than the market average covers

The market-wide average still falls short of the directive's 40% target. The directive's obligations, however, apply only to companies above certain size thresholds — in Finland, more than 250 employees and either a balance sheet above €43 million or turnover above €50 million — whereas the Board Index figures cover the whole of Nasdaq Helsinki and the First North market. In the Large Cap segment, which comes closest to the group in scope, the threshold was passed: women held 42.0% of board seats at the end of June. Market-cap segment is an approximation rather than the legal test: some Mid Cap companies clear the employee and turnover thresholds, while a few Large Cap companies with small workforces do not. The lowest shares sit in small companies and on First North, which are largely outside the directive's scope.

One woman on the board is no longer enough

The change over the first half was not only a matter of volume. The emphasis shifted from appointing a first woman to filling more than one seat: the share of companies with only one woman on the board fell from 26.2% to 21.9%. At the same time, the share of companies where more than 40% of directors are women rose from 24.0% to 27.8%.

By segment, the largest step was taken in Small Cap companies, where women's share rose from 29.6% to 32.4%. First North remains the most male-dominated market segment: women hold just 27.5% of board seats there. By industry, the sharpest gains came in consumer staples (36.1% → 40.0%) and technology (29.5% → 32.9%). Real estate remains the least gender-diverse industry, with women at 25.0%.

Eight all-male boards — and fewer female chairs than before

One indicator stood still, the other turned down. The number of all-male boards remained at eight companies (4.4% → 4.3% of companies), and all of them are Small Cap or First North companies: Digitalist Group, Dovre Group, Eagle Filters Group, Norrhydro Group, Pallas Air, Summa Defence, Sunborn International and Titanium.

The share of female chairs fell from 12.0% (22 companies) to 10.7% (20 companies). Progress in board membership has therefore not yet reached the head of the table.

At the other end of the range, a group of companies has reached or passed gender parity. The highest shares of women were at Suominen (66.7%), Aktia Bank and Verkkokauppa.com (both 57.1%) and Huhtamäki (55.6%). Fiskars, Kempower, Orion, Stora Enso, Administer and Modulight landed at exactly 50%.

Internationalisation did not move at all

The nationality mix was entirely unchanged: Finnish nationals held 77.3% of board seats both at the start and at the close of the half. In every reading since 2022 the figure has sat between 77% and 78%. The only real movement in the series came in 2025, when the Finnish share fell from 78.2% to 77.3%.

Internationalisation is concentrated in a small number of large companies and in certain industries. The most international industries are telecommunications (44.1% Finnish), health care (61.9%) and energy (62.5%). Among market segments, Large Cap is the most international (58.4% Finnish). The most domestic industries are consumer staples (88.0%) and industrials (85.3%); among segments, Small Cap (87.8%) and First North (86.1%). The internationalisation of Finnish listed companies' business has not carried through to their board composition, and new listings still arrive on the exchange with largely all-domestic boards.

“Finnish listed companies are internationalising their business faster than their boards. If a company's growth comes from outside its home market, the board should include at least one director who has relevant business experience from that market. Today's digital board meeting systems make high-quality, frictionless board work possible across borders as well.”
Henrikki Hirvonen
Henrikki HirvonenCountry Manager Finland, Admincontrol

Average age edged down

The average age of boards fell from 57.6 to 57.0 years over the half. Across the full series, however, boards have aged: the average has risen from 55.7 years at the end of 2022, with the sharpest single move — up 1.1 years — in 2025 alone. Millennials (born 1980–1999) rose from 12.0% to 12.2% of board seats, and directors under 50 from 18.1% to 18.5%. The share of companies with no millennial director fell from 50.3% to 47.1%.

Even the youngest boards sit at or above 45 years of age. The only exception is Talenom, whose board has a calculated average age of 40.8 years and where 80.0% of directors are millennials.

Most of the adjustment came before the deadline, not because of it

Progress over the first half was broader than regulation alone requires, as shares also rose outside the directive's size thresholds. The open question is whether it continues without a deadline attached to it. The pattern in the data suggests much of the adjustment was anticipatory: the largest annual gain came in 2025, before the deadline, and the pace roughly halved in the half when compliance actually fell due.

“Diversity is measured by gender, nationality and age because those are measurable. A board's real capability, however, is a question of expertise: does the board's expertise match the tactics and the strategy the company intends to execute over the coming years. Composition is only the starting point. Diverse board work is not automatically effective, because different perspectives produce better decisions only if the way the board works lets them reach the table.”
 Henrikki Hirvonen
Henrikki HirvonenCountry Manager Finland, Admincontrol

Summary

Metric

1 Jan 2026

30 Jun 2026

Women on boards

33.6%

34.9%

Boards with no women

4.4% (8 companies)

4.3% (8 companies)

Boards with only one woman

26.2%

21.9%

Boards above 40% women

24.0%

27.8%

Female board chairs

12.0%

10.7%

Finnish directors

77.3%

77.3%

Average board age

57.6

57.0

Millennial directors

12.0%

12.2%

Boards with no millennial

50.3%

47.1%

Read the full index: Board Index — Finland | H1 2026

Market Signals

The world will cross 1.5°C within a few years, UNEP says. The EU dropped the duty to plan for it in March.

Sep 11, 2026

Net-zero alone would not bring temperatures back to 1.5°C before the second half of the 22nd century. The report says most developed countries now need net-negative targets beyond 2050. The Omnibus made having a transition plan at all optional.

The UN Environment Programme published Limiting Overshoot: Navigating exceedance of 1.5°C and pathways towards return on 2 September 2026. Its opening line is a position, not a projection: global warming is set to cross 1.5°C above pre-industrial levels, likely within the next few years. Even an optimistic scenario of full implementation of all national climate plans plus additional net-zero targets puts expected peak temperature rise at 1.8°C.

"There are no good outcomes if we remain above 1.5°C," said Inger Andersen, UNEP's Executive Director, on publication.

The best available case and the breaking point are the same number

That 1.8°C appears twice, in two roles. It is the peak under the most optimistic scenario. It is also the level past which the return trip stops working: beyond around 1.8°C, decline to 1.5°C during the 21st century becomes increasingly challenging.

The best case available therefore sits at the threshold where coming back down becomes hard. The report's own verdict: by no means an acceptable or preferred pathway, simply the best remaining option.

Net-zero is a milestone towards net-negative

That is the report's own section heading, and its point is that mitigation policy can no longer be framed solely around reaching zero.

The math here deserves a second read. Global net-zero would produce a temperature decline of roughly 0.3°C per century, so if mitigation stops there, a return to 1.5°C is unlikely before the second half of the 22nd century, even at a 1.8°C peak. Keeping a return within credible reach relies at a minimum on net-negative targets for most developed countries beyond 2050. Every Nordic economy is in that group.

For a Nordic listed company holding a 2035 or 2040 net-zero commitment, the commitment is not what comes under pressure. Its sufficiency as an endpoint does.

The obligation went in March

The Omnibus I Directive was published in the Official Journal on 26 February 2026 and entered into force on 18 March. It removed from the CSDDD the requirement to adopt and implement a climate transition plan. Member states have until 19 March 2027 to transpose the reporting changes, so national law in Helsinki, Stockholm and Copenhagen is still catching up. Under the CSRD a company discloses information about a plan where it has one, and nothing obliges it to have one. Scope narrowed at the same time, to more than 1,000 employees and turnover above €450 million, leaving much of the Nordic mid-cap universe outside mandatory reporting. Outside banking and the Paris conditions on green bonds, the duty is voluntary.

Some of the Nordic names were on the other side of the rollback

The narrowing was not something Nordic large caps asked for. Nokia, Nordea, Ingka Group and Vattenfall were among 194 organisations that signed a joint statement on 1 July 2025 urging the EU not to weaken the CSRD and CSDDD. Listeds covered the case for holding the line in a commercial partnership column by Riikka Kuha of Hannes Snellman in November 2025.

What still moves the number

The report is not fatalistic, and it is specific about where the leverage sits.

Every fraction of a degree avoided, and every year by which overshoot is shortened, saves lives, protects ecosystems and reduces economic losses. The fastest lever in the immediate term is methane and other short-lived climate pollutants, because cutting them slows the rate of warming quickly rather than decades out. After that the sequence is deep and sustained decarbonisation to at least net-zero as temperatures peak, then sustained net-negative CO2 emissions as they decline.

The report is blunt about the deadline on that last capability. Decisions made during the coming decade will shape technology, infrastructure and land-use choices, determining whether countries retain the capacity to move beyond net zero if required.

Which is the practical translation for a Nordic board. March removed the requirement to hold a transition plan. It did not remove the decade in which the plan had to be made.

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