rnb retail news and archive

Q2 sales and profit down at RNB Retail, applies for restructuring of its subsidiaries

In its interim report for the second quarter and first six months, RNB Retail said reported net sales for the group were 561 million Swedish krona (54 million dollars) compared to 604 million Swedish krona in the second quarter. For comparable units in Sweden, sales were down 9.4 percent compared to positive 1.5 percent previous year, and for...

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RNB Retail appoints new CEO of Departments & Stores

RNB Retail and Brands AB’s business area Departments & Stores has named Lars Jungerth as new CEO from January 14, 2020 in place of Yvonne Magnusson. The company said in a statement that this change is made as the separation work regarding the operations within the RNB Group is now completed. Commenting on the new appointment, Kristian Lustin,...