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Press Releases

Completion: RNB Retail and Brands sets record date for aggregation of shares

On October 29, 2021, RNB Retail and Brands AB (“RNB” or “the Company”) published a press release with information that the record date for the aggregation of the Company's shares, whereby the number of shares in the Company is reduced by adding 50 shares to one share, had been determined. until 5 November 2021. The…

Information about RNB’s continued process of reviewing the company’s future

As informed in RNB Retail and Brands AB (the “Company")'s most recent quarterly reports, the company is reviewing the possibilities of continuing as an independent listed company. This work examines several different alternatives, including acquiring complementary operations by issuing new shares or selling existing operations and acquiring new operations. The company is also investigating the…

Invitation to Q3 presentation on 1 July

RNB RETAIL AND BRANDS will announce the third quarter results (March 2020 – May 2021) on Thursday 1 July. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

Invitation to Q2 presentation on 15 April

RNB RETAIL AND BRANDS will announce the second quarter results (December 2020 – February 2021) on Thursday 15 April. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

Invitation to Q1 presentation on 22 December

RNB RETAIL AND BRANDS will announce the first quarter results (September 2020 – November 2020) on Tuesday 22 December. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

The corporate reorganisations in RNB Retail and Brands’ subsidiaries are completed

The approved composition proposals from RNB Retail and Brands AB (publ) subsidiaries Brothers AB, Departments & Stores Europe AB and Polarn O. Pyret AB have gained legal force and the corporate reorganizations are completed. On October 16, the Stockholm District Court upheld the submitted composition proposals from Brothers AB, Departments & Stores Europe AB and…

Invitation to Q4 presentation on 22 October

RNB RETAIL AND BRANDS will announce the fourth quarter results (September 2019 – August 2020) on Thursday 22 October. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be held…

New CEO of Brothers

RNB Retail and Brands' Brothers business area changes CEO. Lina Söderqvist, current CEO of Brothers, has chosen to leave Brothers and will be replaced by Brothers' current Deputy CEO/Assortment Director Christopher Englinde. Christopher will take office on September 1, 2020. “Lina Söderqvist has in an excellent way led the work of developing an updated customer-focused…

Invitation to Q3 presentation on 8 July

RNB RETAIL AND BRANDS will announce the third quarter results (September 2019 – May 2020) on Wednesday 8 July. The reporting date has been moved because of the work on the subsidiaries' corporate restructuring. RNB RETAIL AND BRANDS invites investors, analysts, and media to a presentation of the quarterly report, where CEO Kristian Lustin and…

Invitation to Q2 presentation on 23 March

RNB RETAIL AND BRANDS will announce its second quarter results (September 2019 – February 2020) on Monday 23 March.   RNB RETAIL AND BRANDS invites investors, analysts and media to a presentation of the quarterly report, where CEO Kristian Lustin and Interim Group Business Controller Richard Roa comment on the report. The presentation will be…

Boards of RNB’s business areas

Following the separation of the business areas, the board of RNB Retail and Brands AB (publ) proposes new compositions of members of the business areas’ boards from mid-December 2019.

Decided changes to the bond

RNB RETAIL AND BRANDS AB (PUBL) (“RNB” or the “Company”) proposed changes to the Company’s outstanding bond (ISIN: SE0010625830) (the “Bond”) have been approved.

Invitation to Q3 presentation on 27 June

RNB RETAIL AND BRANDS will announce its third quarter results (September 2017 – May 2018) on Wednesday 27 June at 07.00 (CET). RNB RETAIL AND BRANDS invites investors, analysts and media to a presentation of the quarterly report, where CEO Magnus Håkansson and CFO Kristian Lustin comment on the report. The presentation will be held…

Admission to trading of RNB’s notes at Nasdaq Stockholm

RNB Retail and Brands AB (publ) (the "Company") announced on 16 March 2018 a prospectus regarding senior secured notes with a maturity of 3 years and a frame of SEK 600 M (the "Notes"). As of today, SEK 400 M has been issued. The Company's intention to apply for listing and admission to trading of…

Polarn O. Pyret increases focus on online growth

RNB-owned Polarn O. Pyret, which in the last year has seen e-commerce growth of 30% in Sweden, and made major investments in omnichannel and digital development, is now initiating an exclusive collaboration with Boozt.com with products available starting with the fall collection 2018.

Invitation to Q2 presentation on 27 March

RNB RETAIL AND BRANDS will announce its second quarter results (December 2016-February 2017) on Monday 27 March at 07.30 (CET). A teleconference/audiocast will be held on the same day, for analysts, media and investors, at 09.30 (CET). The report will be presented by Magnus Håkansson, President and CEO and Kristian Lustin, CFO. To participate in…

RNB expands Group Management

RNB RETAIL AND BRANDS expands Group Management to include Helena Lundenfelt and Mia Bystedt. Helena Lundenfelt, born 1982, is HR-Manager of RNB RETAIL AND BRANDS and Mia Bystedt, born 1971, holds the position as IT-Manager.The changes will take effect from March 2015 and the Group Management will consist of the following members: Magnus Håkansson, CEO…

New CFO of RNB Retail and Brands

RNB has previously announced that Stefan Danieli is leaving his position as CFO in the spring of 2015. Stefan will be succeeded by Kristian Lustin. Kristian is 44 years old and has an MBA from Uppsala University and is a chartered accountant. Kristian Lustin has an extensive background in all aspects of financial management and…

RNB signs agreement for safer textile factories in Bangladesh

RNB RETAIL AND BRANDS joins the international safety initiative Bangladesh Accord, committing to the goal of a safe and sustainable Bangladeshi Ready Made Garment (RMG) industry.  –       We have made a decision to participate in the Bangladesh Accord as a complement to our own work of monitoring and improving our suppliers. Some of the questions…

ANNOUNCEMENT OF YEAR END REPORT – NEW TIME AT 8 A.M CET

RNB RETAIL AND BRANDS has previously communicated that the year-end report för the fiscal year 2012/2013 will be published on Thursday October 31 at 13:00. The year-end report will instead be published on Thursday October 31 at 08.00 a.m CET. For further information, please contact: Ann-Charlotte Rudels, RNB RETAIL AND BRANDS AB, +46 8 410…

Invitation to presentation of year-end report

A teleconference for investors, analysts and media will be held October 31 at 09:30 where President and CEO Magnus Håkansson and CFO Stefan Danieli will present the year-end report and the development of the RNB operations. The presentation will be held in Swedish and end with a Q&A session where participants are welcome to ask…

Change in reporting

RNB RETAILS AND BRANDS will quit the publication of monthly sales figures, as of the financial year of 2013/2014 (which begins September 1st, 2013) As of the financial year of 2013/2014 sales will be reported in conjunction with the publication of the interim reports. Sales for the first quarter 2013/2014 (September to November) will be…

Hanna Graflund Sleyman new CEO of Departments & Stores

Hanna Graflund Sleyman has been appointed new CEO of Departments & Stores to suceed Amelie Söderberg effective 1 January 2014. Hanna Graflund Sleyman was born in 1978 and holds a Master´s degree from Stockholm School of Economics. Hanna was recruited to Polarn O. Pyret in 2009 and she currently holds the position as assortment director.…

Amelie Söderberg to leave RNB

Amelie Söderberg, CEO of Departments & Stores, a subsidiary of RNB, will leave the company for the position as CEO of Filippa K. Amelie will assume her new position during fall 2013.

RNB divests Kosta Outlet Mode

RNB RETAIL AND BRANDS today announced that the company has entered into an agreement to sell the operations of subsidiary Kosta Outlet Mode AB to the Norwegian retail company Airport Retail Group AS.

RNB RETAIL AND BRANDS LAUNCHES RATIONALIZATION PROGRAMS

RNB RETAIL AND BRANDS is launching a number of Group-wide rationalization programs. The programs include a comprehensive review and coordination of all core functions within JC and Brothers & Sisters in order to implement the rationalization of these positions as well as an additional ten central Group functions. Furthermore, preparations…

RNB subsidiaries JC and Brothers launch e-commerce

JC launched its e-commerce service in the Swedish market yesterday. Brothers will follow suit and launch its e-commerce service next week. These launches will expand accessibility for Brothers and JC and enable 24/7 shopping for their customers. Polarn O. Pyret has offerede-commerce in all EU countries via www.polarnopyret.com ( http://www.polarnopyret.com/…

RNB RETAIL AND BRANDS PARTNERS WITH COOP

RNB RETAIL AND BRANDS has signed a partnership agreement with Coop whereby, as of year-end, Coop members will receive refunds, discounts and exclusive offers from Polarn O. Pyret, JC and Brothers & Sisters.

Exit for the CFO of RNB RETAIL AND BRANDS

Gunnar Bergquist will leave his job as Chief Financial Officer, CFO, of RNB RETAIL AND BRANDS AB. He will leave during the fall of 2012 after some 3 years in the company. A successor has not yet been appointed, but the recruitment process is ongoing.

RNB coordinates logistics operations

RNB RETAIL AND BRANDS has decided to reorganize its logistics operations and is merging the logistics departments for JC/Brothers & Sisters and Polarn O. Pyret into one central organization located in Stockholm, Sweden.

RNB to restructure the Norwegian JC business

RNB Retail and Brands has taken the decision to forcefully reduce/restructure the Norwegian operations in JC. More stores will thus be closed, a reduction from today's 21 stores to 5. These measures lay the foundation for minimized operating losses in JC Norway which amounted to -63 million SEK in the previous financial year. For further…

Coordinated production based in Hong Kong will yield higher gross margin

RNB is continuing its Group-wide program of change and will be opening a production office in Hong Kong on November 1, 2011. The office will coordinate production for the Polarn O. Pyret, Brothers & Sisters and JC subsidiaries, supported by satellite offices that will be opened in Shanghai and Dacca. The coordinated work method will…

Improved efficiency at head office with a profit impact of 15MSEK annually

As part of a broad turnaround plan RNB RETAIL AND BRANDS AB will reorganize in order to improve efficiency and reduce costs. The plan includes a reduction of 30 members of staff with a profit impact of 15MSEK annually with full effect the current year 2011/2012. The reorganization encompasses product and assortment development, design and…

Marthyn Inghamn appointed new President of JC

"Marthyn Inghamn is one of Sweden's most experienced executives when it comes to jeans and relating accessories. The fact that we have now reached an agreement with Marthyn is a key step in the development of JC," says Magnus Håkansson, Chairman of the Board and forthcoming President and Chief Executive Officer of RNB RETAIL AND…

Polarn O. Pyret now on Amazon.com

Polarn O. Pyret continues its expansion into the US with sales via Amazon.com, the world's largest online retailer. Most of the range is already available, and the aim is to launch the entire range during 2011. Polarn O. Pyret's Master Franchisee launched sales in the US via e-trading in 2008. Since autumn 2010, Polarn O.…

JC strengthens collaboration with franchisees

During the spring, JC and representatives of its franchisee board worked jointly in order to enhance collaboration with the franchisees and create a more competitive mode of operations at JC. These efforts have led to an addendum to the current agreement, which virtually all individual franchisees have recently decided to accept. "Our franchisee chain is…