RNB's total sales in proprietary stores in March 2012 amounted to SEK 204.5 M,
compared with SEK 208.9 M in the corresponding month a year earlier, which is an
decrease of 2.1%. In local currencies the decrease was 2.3%.
Sales in comparable stores in Sweden in March 2012 decreased by 1.5% 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 5.3% in March. Total sales in local
currencies in comparable stores in all countries decreased by 0.8%.
The calendar effect in March 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 5.3%.
The number of proprietary stores amounted to 219 at March 31, 2012, compared
with 219 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:
Gunnar Bergquist, CFO, RNB RETAIL AND BRANDS
+46 (0) 8-410Â 520 01,+46Â 768 87 20 01, Â e-mail: gunnar.bergquist@rnb.se
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.
RNBs sales in March 2012:
http://hugin.info/132993/R/1601512/505702.pdf
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Source: RNB Retail and Brands AB via Thomson Reuters ONE
[HUG#1601512]
