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Article: Swedish RNB Sep '09 sales drop 4% Y/Y.
- Article from:
- Nordic Business Report
- Article date:
- October 12, 2009
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NORDIC BUSINESS REPORT-12 October 2009-Swedish RNB Sep '09 sales drop 4% Y/Y(C)1994-2009 M2 COMMUNICATIONS http://www.m2.com
12 October 2009 - Swedish clothing retailer RNB Retail and Brands AB (STO: NBS) said today its sales fell by 4% year-on-year to SEK246.3m in September 2009.
RNB's like-for-like sales dropped by 5.8% in all markets and the decline was 5.1% in Sweden.
According to the so-called Blixtindex, published by the Swedish trade federation Svensk Handel, the domestic clothing market declined by 1.9% in September.
The calendar effect had a negative impact of 0.2% on the retail clothing sector ...