STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
RNB RETAIL AND BRANDS AB (STO:RNBS):
RNB’s total sales in proprietary stores in March 2013 amounted to SEK 191.8 M, compared with SEK 204.5 M in the corresponding month a year earlier (including the closed down business in Norway), which is an decrease of 6.2%. In local currencies the decrease was 6.0%.
Sales in comparable stores in Sweden in March 2013 decreased by 9.8% compared with the corresponding month in the preceding year. Total sales in local currencies in comparable stores in all countries decreased by 10.2%.
The number of proprietary stores amounted to 235 at March 31, 2013, compared with 219 a year earlier.
Turnover in proprietary stores for fiscal year 2011/2012 amounted to approx. 82% of total annual net sales.
The information is such that RNB RETAIL AND BRANDS AB (publ) is required to disclose in accordance with the Swedish Financial Instruments Trading Act and/or the Swedish Securities Market Act. The information was submitted for publishing on April 8, 2013, at 08:00 a.m.
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 11 countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange since 2001.
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