STOCKHOLM, Sweden--(BUSINESS WIRE)--Regulatory News:
RNB’s (STO:RNBS) total sales in proprietary stores in July 2013 amounted to SEK 210.9 M, compared with SEK 208.0 M in the corresponding month a year earlier, which is an increase of 1.4%. In local currencies the increase was 1.3%.
The 2012 sales number includes SEK 14.6 M of sales from the, as of June 2013, divested Kosta Outlet Mode AB.
Sales in comparable stores in Sweden in July 2013 increased by 3.2% 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 4.0 % in July. Total sales in local currencies in comparable stores in all countries increased by 3.5%.
The number of proprietary stores amounted to 239 at July 31, 2013, compared with 221 a year earlier.
Turnover in proprietary stores for fiscal year 2011/2012 amounted to approx. 80% 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 August 12, 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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