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RNBs sales in February 2012

RNB's total sales in proprietary stores in February 2012 amounted to SEK 155.2 M, compared with SEK 157.7 M in the corresponding month a year earlier, which is an decrease of 1.6%. In local currencies the decrease was 1.8%. Sales in comparable stores in Sweden in February 2012 decreased by 2.2% compared with the corresponding month in the preceding year...
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RNB's total sales in proprietary stores in February 2012 amounted to SEK 155.2 M, compared with SEK 157.7 M in the corresponding month a year earlier, which is an decrease of 1.6%. In local currencies the decrease was 1.8%.

 

Sales in comparable stores in Sweden in February 2012 decreased by 2.2% compared with the corresponding month in the preceding year. According to the so-called Blixtindex issued by the Swedish Trade Federation (Svensk Handel), the Swedish clothing in comparable stores increased by 0.6% in February. Total sales in local currencies in comparable stores in all countries decreased by 2.0%.

 

The calendar effect in February for the retail clothing sector in Sweden compared with the corresponding month in the preceding year is according to the Swedish retail statistics agency, HUI, positive 3.2%.

 

The number of proprietary stores amounted to 221 at February 29, 2012, compared with 221 a year earlier.

 

Turnover in proprietary stores for fiscal year 2010/2011 amounted to approx. 73% of total annual net sales.

 

 

Gunnar Bergquist, CFO, RNB RETAIL AND BRANDS

+46 (0) 8-410 520 01,+46 768 87 20 01,   e-mail: gunnar.bergquist@rnb.se

 


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