Press Releases

Annual Report 2012/2013

The shareholders of RNB RETAIL AND BRANDS AB are hereby summoned to the Annual General Meeting on Thursday, January 16, 2014 at 5:00 p.m. at the Company’s offices at Regeringsgatan 29 in Stockholm. Participation, etc To be entitled to participate in the Meeting, shareholders must –          be recorded in the register of shareholders maintained by…

Polarn O. Pyret AB acquires 100 percent of the shares in WAM AS in Norway. WAM AS, which is the master franchisee of Polarn O. Pyret in Noway, operates 24 physical stores as well as an e-commerce store and is expected to generate net sales of about MSEK 130. The acquisition includes all 24 of…

RNB RETAIL AND BRANDS AB has entered into an agreement to sell the subsidiary JC to Denim Island AB. Denim Island AB is a part of Denim Island Group owned by Gordon Wu. The buyer Denim Island Group is a leading producer of denim products as well as a wholesaler of a number of denim…

FOURTH QUARTER, JUNE 1, 2013 – AUGUST 31, 2013 IN SUMMARY Net sales totaled SEK 642 M (671), a decrease of 4.3 percent. Provisions and write-downs, primarily related to the closing down of JC stores and the closure of Sisters, have been made with SEK 152 M. Operating income, including provisions and write-downs, amounted to SEK…

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…

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…

As previously communicated, RNB RETAIL AND BRANDS is conducting a strategic review of the operations in the subsidiary JC. The conclusions of this strategic review, as previously announced, will be presented no later than in connection with publication of the interim report for the first quarter of the 2013/2014 fiscal year. However, the company expects…

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…

RNB’s total sales in proprietary stores in August 2013 amounted to SEK 197.5 M, compared with SEK 203.1 M in the corresponding month a year earlier, which is a decrease of 2.8%. In local currencies the decrease was 3.1%. The 2012 sales number includes SEK 6.9 M of sales from the, as of June 2013,…

RNB’s 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,…

RNB’s total sales in proprietary stores in June 2013 amounted to SEK 247.2 M, compared with SEK 264.3 M in the corresponding month a year earlier, which is an decrease of 6.4%. In local currencies the decrease was 6.2%. The 2012 sales number includes SEK 6,8 M of sales from the, as of June 2013,…

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.…

Third quarter, March 1, 2013 – May 31, 2013 Net sales totaled SEK 609 M (613), down by 0.7 percent. The operating result amounted to SEK -27 M (-34). The profit before tax amounted to SEK -30 M (-42). Profit after tax amounted to SEK -30 M (-32), corresponding to a profit per share of…

RNB’s total sales in proprietary stores in May 2013 amounted to SEK 214.1 M, compared with SEK 208.6 M in the corresponding month a year earlier, which is an increase of 2.6%. In local currencies the increase was 3.0%. Sales in comparable stores in Sweden in May 2013 decreased by 1.1% compared with the corresponding…

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.

As resolved by the Extraordinary General Meeting in RNB Retail and Brands AB (publ) (”RNB”) on 27 March 2013, a reverse share spilt will be conducted where 200 existing shares are consolidated into one. The board of directors of RNB has set the record date to 10 June 2013. The last day of trading in…

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.

Not for distribution, directly or indirectly, within or to USA, Australia, Canada Hong Kong, Japan, New Zealand, Singapore or South Africa or any other jurisdiction where distribution of this press release would be unlawful Following the rights issue resolved upon by the Board of Directors in RNB Retail and Brands AB (publ) (“RNB Retail and…

RNB’s total sales in proprietary stores in April 2013 amounted to SEK 218.4 M, compared with SEK 207.9 M in the corresponding month a year earlier, which is an increase of 5.1%. In local currencies the increase was 5.4%. Sales in comparable stores in Sweden in April 2013 increased by 1.0% compared with the corresponding…

According to what has been communicated in connection to the recent rights issue a strategic review of the JC operation is being conducted. The first part of this review is now concluded. The result of the review means that the JC operation will be extensively restructured and a number of unprofitable stores will be closed.…

Not for distribution, directly or indirectly, within or to USA, Australia, Canada Hong Kong, Japan, New Zealand, Singapore or South Africa or any other jurisdiction where distribution of this press release would be unlawful The subscription period in the RNB Retail and Brands AB (publ) rights issue ended on the 22 April 2013. Through the…

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…

Not for distribution, directly or indirectly, within or to USA, Australia, Canada Hong Kong, Japan, New Zealand, Singapore or South Africa or any other jurisdiction where distribution of this press release would be unlawful The Board of Directors in RNB Retail and Brands AB (publ) has prepared a prospectus regarding the rights issue resolved by…

Not for distribution, directly or indirectly, within or to USA, Australia, Canada Hong Kong, Japan, New Zealand, Singapore or South Africa or any other jurisdiction where distribution of this press release would be unlawful RNB Retail and Brands AB (publ) (the “Company”), held an extraordinary shareholders meeting on Wednesday 27 March 2013, at the Company’s…

Not for distribution, directly or indirectly, within or to USA, Australia, Canada Hong Kong, Japan, New Zealand, Singapore or South Africa or any other jurisdiction where distribution of this press release would be unlawful Summary · Those who, on the record date 3 April 2013, are registered as shareholders in…

Second quarter, December 1, 2012 – February 28, 2013 Net sales totaled SEK 702 M (754), down by 6.9 percent. Write-down of JC-trademark has been made with SEK 260 M. The operating result amounted to SEK -28 M (-25) excluding write-down of JC-trademark with SEK 260 M. The profit before tax amounted to SEK -41…

RNB’s total sales in proprietary stores in February 2013 amounted to SEK 147.6 M, compared with SEK 155.2 M in the corresponding month a year earlier (including the closed down business in Norway), which is an decrease of 4.9%. In local currencies the decrease was 4.6%. Sales in comparable stores in Sweden in February 2013…

Shareholders of RNB Retail and Brands AB (publ) are hereby given notice that an extraordinary general meeting will be held on Wednesday, 27 March 2013 at 5.00 pm at the company’s head office at Regeringsgatan 29 in Stockholm, Sweden.

Press release                                                                            Stockholm, 22 February 2013

RNB’s total sales in proprietary stores in January 2013 amounted to SEK 243.8 M, compared with SEK 230.8 M in the corresponding month a year earlier, which is an increase of 5.6%.  In local currencies the increase was 5.7%.

On Thursday, January 17, 2013, RNB RETAIL AND BRANDS held its Annual General Meeting (AGM) at the company’s premises at Regeringsgatan 29 in Stockholm under the chairmanship of the Chairman of the Board Laszlo Kriss.

First quarter, September 1, 2012 – November 30, 2012

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…

First quarter, September 1, 2012 – November 30, 2012 Net sales totaled SEK 668 M (754), down by 11.4 percent. In the first quarter of the previous year, sales from the now closed down operations in Norway and Denmark were included by a total of SEK 37 M. Sales in comparable proprietary stores declined by…

RNB’s total sales in proprietary stores in December 2012 amounted to SEK 360.7 M, compared with SEK 379.1 M in the corresponding month a year earlier, which is an decrease of 4.9%.  In local currencies the decrease was 4.6%.