Information from Annual General Meeting
On Wednesday, December 21, 2016, RNB RETAIL AND BRANDS held its Annual General Meeting (AGM) at Drottninggatan 33 in Stockholm under the chairmanship of the Chairman of the Board Laszlo Kriss.
On Wednesday, December 21, 2016, RNB RETAIL AND BRANDS held its Annual General Meeting (AGM) at Drottninggatan 33 in Stockholm under the chairmanship of the Chairman of the Board Laszlo Kriss.
Earnings increase by more than 50 percent Operating income during the first quarter amounted to SEK 46 million, an improvement of SEK 16 M in total, compared to the first quarter of the previous year. The performance was strong with a strengthened positive momentum. Sales developed better than the market,…
The shareholders of RNB RETAIL AND BRANDS AB (publ) are hereby summoned to the Annual General Meeting on Wednesday, December 21, 2016 at 5:00 p.m. at Drottninggatan 33 in Stockholm. Participation, etcTo be entitled to participate in the Meeting, the shareholders must – be recorded in the register of shareholders maintained by Euroclear Sweden AB…
Heading towards further results improvement Operating income for the full-year, before restructuring costs, amounted to SEK 50 M compared to SEK 48 M in the previous year. Brothers stood out with a continued strong performance and delivered on its promise of a positive full-year result. Departments & Stores is continuing…
On August 25, RNB RETAIL AND BRANDS launches Man of a kind, a new e-commerce concept with an eclectic value proposition featuring premium products and a supplementary men’s fashion service offering. The concept is unique and meets the strong trend of increased e-commerce activity while improving accessibility for customers.
Clear improvement from Q2 All three concepts are performing well in general. Brothers stands out with a sales increase of 7 percent in total and a positive result in the third quarter of SEK 12 M. Departments & Stores continues to display a stable performance and delivered a small increase…
Polarn O. Pyret has today taken the decision to close the smaller and unprofitable operations in the Netherlands and China and to expand the number of stores in Finland and Norway. The measures will generate a positive earnings effect from June 2017. The strategic review of Polarn O. Pyret ́s…
For the second quarter 2015/2016, RNB reported operating income of SEK 1 M, compared to SEK 17 M in the year-earlier period. The change in sales during the quarter for the three concepts’ comparable stores in Sweden amounted to between -4 and 6 percent and to -1 percent for the…
Polarn O. Pyret AB acquires 51 percent of the shares in Kids Company Oy in Finland. Kids Company Oy, which is the master franchise business of Polarn O. Pyret in Finland, operates twelve proprietary physical stores as well as an e-commerce store and three franchise stores. The operation generated net…