Press Releases

As a result of the rights issue completed by RNB RETAIL AND BRANDS AB (publ) (“RNB” or “the Company”) during December, the number of shares and votes in the Company has changed.

Adoption of income statement and balance sheet and resolution concerning discharge from liability The AGM adopted the income statement and balance sheet for the Parent company and the consolidated income statement and consolidated balance sheet for the fiscal year that started September 1, 2018 and ended August 31, 2019. The AGM discharges the members of…

Positive earnings for Man of a kind RNB started e-commerce in the luxury segment for men, Man of a kind in 2016. During the quarter, a very important milestone was reached by the quarterly results reaching black figures for the first time. The focus has been on full price sales…

RNB RETAIL AND BRANDS will announce its first quarter results for the financial year 2019/20 (September 2019 – August 2020) on Thursday 19 December at 07.00 (CET).

This English version of the Annual Report 2018/2019 is available as a downloadable PDF

The shareholders of RNB RETAIL AND BRANDS AB (publ) are hereby summoned to the Annual General Meeting on Thursday, December 19, 2019 at 5:00 p.m. at Drottninggatan 33 in Stockholm, Sweden.

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.

The Board of Directors of RNB Retail and Brands AB (publ) has appointed Kristian Lustin as President and CEO of the company from January 1, 2020.

The Nomination Committee for RNB Retail and Brands AB (publ) has decided to propose to the AGM a reduction in the number of members from today’s six to three.

On Wednesday, October 30, 2019, RNB RETAIL AND BRANDS AB (publ) held an Extraordinary General Meeting on Drottninggatan 33 in Stockholm, Sweden, chaired by attorney Thomas Dahlin.

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.

Negative restructuring effects Lower net sales but e-commerce growth continued in the quarter. Discount-driven sales squeezed gross margins and profit. Restructuring work continues at a steady rate but affected business operations. Operating income before restructuring expenses and impairment of goodwill was SEK -32 M (3) in the quarter.

RNB RETAIL AND BRANDS will announce its fourth quarter results (September 2018 – August 2019) on Thursday 10 October at 07.00 (CET).

RNB RETAIL AND BRANDS AB (PUBL) (“RNB” or the “Company”) has today, through its agent, initiated a written procedure in order to resolve on changes in the terms in the Company’s bond (ISIN: SE0010625830) (the “Bond”) (the “Written Procedure”).

The shareholders of RNB RETAIL AND BRANDS AB (publ), reg. no. 556495-4682 (the “Company”) are hereby summoned to an Extraordinary General Meeting on 30 October 2019 at 10: a.m. at the Company’s premises at Drottninggatan 33, in Stockholm, Sweden. Notification of attendance Shareholders who wish to attend the Extraordinary General Meeting must be registered in…

The operating result for RNB Retail and Brands AB (“RNB”) in the fourth quarter of 2018/19 is estimated to be approximately between SEK -35 and -39 million compared with SEK -3 million for the fourth quarter of 2017/18. In addition, operating result for the fourth quarter will be adversely affected…

The Board of Directors of RNB RETAIL AND BRANDS AB (publ) (“RNB” the “Company”) has today resolved to carry out a rights issue with preferential rights for the Company’s shareholders. The rights issue which is fully guaranteed through subscription undertakings and guarantee commitments is conditioned upon to approval of an…

On Monday, August 12, 2019, RNB RETAIL AND BRANDS AB (publ) held an Extraordinary General Meeting on Drottninggatan 33 in Stockholm, Sweden, chaired by attorney Henric Levin.

The shareholders of RNB RETAIL AND BRANDS AB (publ) are hereby summoned to an extraordinary general meeting on Monday August 12, 2019 at 10:00 a.m. in the company’s premises at Drottninggatan 33, level 4 in Stockholm, Sweden.

Group restructuring continues Net sales increased and e-commerce growth continued in the quarter. Weak comparable sales still outperformed the market. Discount-driven sales continued to pressure gross margins and profit. The Group restructuring is now fully underway and ownership changes are being considered in the fall. Operating income before restructuring expenses…

RNB RETAIL AND BRANDS will announce its third quarter results (September 2018 – May 2019) on Wednesday 26 June at 07.00 (CET).

Agreement has been reached that Yvonne Magnusson, currently interim CEO, will become permanent CEO for Departments & Stores as of April 2, 2019.

Continued increased e-com in a mixed quarter RNB’s sales continued to outperform the clothing and fashion sector on all national markets also in the second quarter. Growth in e-commerce remained strong across all concepts, up more than 40% in the quarter. Discount-driven sales pressured gross margins and profit. The restructuring…

RNB RETAIL AND BRANDS will announce its second quarter results (September 2018 – February 2019) on Thursday 26 March at 07.00 (CET).