Press release

Klarna Expands Relationship with Acne Studios to Give U.S. Fashionistas Flexibility in How They Pay

Sponsored by Businesswire

The Stockholm-based fashion house Acne Studios has expanded their
existing European partnership with Klarna, the leading global
alternative payments provider. Showing at Paris Fashion Week, Acne
Studios encompasses women’s and men’s ready-to-wear, shoes, accessories
and denim, but also moves across the borders of fashion, art and design.
With Klarna now available in Acne Studios’ online store, shoppers in the
U.S. can choose to checkout with four equal payments – with no interest
or fees.

“Our goal at Klarna is to give shoppers convenience and greater
flexibility over how and when they pay,” said Michael Rouse, Chief
Commercial Officer of Klarna. “With Klarna, U.S. Acne Studios shoppers
can boost their purchase power right at the point of sale – and there
are no surprise costs or long-term commitments. Four equal payments are
automatically collected from the consumer’s chosen payment card – one
payment at purchase and three further payments every two weeks. Klarna
does not redirect consumers away from the merchant site, unlike other
providers, so the purchase journey is always frictionless and fast.”

“We’ve been impressed with Klarna’s work in Europe – particularly in our
home country of Sweden – and are pleased to partner with them in other
markets to accelerate our international sales. We look forward to
providing our U.S. shoppers with Klarna’s flexible payment options,”
says Mattias Magnusson, CEO of Acne Studios.

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About Klarna

It’s all about smoooth (yes, with 3 ooo’s). Klarna is Europe’s leading
payments provider and a newly-licensed bank, which wants to
revolutionize the payment experience for shoppers and merchants alike.
Founded in Stockholm, Sweden, in 2005, the fintech unicorn gives online
consumers the option to pay now, pay later or over time – offering a
trusted, frictionless and smoooth checkout experience. Klarna now works
with 100,000 merchants to offer payment solutions to users across Europe
and North America. Klarna has 2,000 employees and is active in 14