Business Services Industry

RnB Retail and Brands AB reports 25.7% growth in July sales

Nordic Business Report, August 10, 2006

NORDIC BUSINESS REPORT-10 August 2006-RnB Retail and Brands AB reports 25.7% growth in July sales(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish clothing retail and distribution group RnB Retail and Brands AB issued its July sales figures on Thursday (10 August), reporting a 25.7% growth in sales in proprietary stores.

Sales increased from SEK98.1m in July 2005 to SEK123.3m in July 2006.

Sales in comparable stores improved by 0.6% and the number of proprietary stores increased from 93 in July 2005 to 117 at the end of July this year.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

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