RNB's total sales in proprietary stores in July 2012 amounted to SEK 208.0 M, compared with SEK 227.8 M in the corresponding month a year earlier, which is an decrease of 8.7%.
In local currencies the decrease was 8.0%.
Sales in comparable stores in Sweden in July 2012 decreased by 8.3% compared with the corresponding month in the preceding year. Total sales in local currencies in comparable stores in all countries decreased by 8.0%.
The number of proprietary stores amounted to 221 at July 31, 2012, compared with 216 a year earlier.
Turnover in proprietary stores for fiscal year 2010/2011 amounted to approx. 73% of total annual net sales.
For further information, contact:
Magnus Håkansson, CEO, RNB RETAIL AND BRANDS, +46 8 410 520 02, +46 768 87 20 02, e-mail: email@example.com
Gunnar Bergquist, CFO, RNB RETAIL AND BRANDS, +46 8 410 520 01, +46 768 87 20 01, e-mail: firstname.lastname@example.org
RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing, accessories, jewelry and cosmetics stores that focus on providing excellent service and a world-class shopping experience. Sales are mainly conducted in Scandinavia through the three store concepts Brothers & Sisters, JC and Polarn O. Pyret, as well as through shops in the department stores NK in Stockholm and Gothenburg. RNB RETAIL AND BRANDS has operation in 10 countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange since 2001.