RNB signs agreement for safer textile factories in Bangladesh


RNB RETAIL AND BRANDS joins the international safety initiative Bangladesh
Accord, committing to the goal of a safe and sustainable Bangladeshi Ready Made
Garment (RMG) industry.

-       We have made a decision to participate in the Bangladesh Accord as a
complement to our own work of monitoring and improving our suppliers. Some of
the questions we had about the practical application have now been cleared and
we can conclude that the initiative evolved, and continues to evolve in a
positive way. We look forward to greater cooperation with other companies and
organizations on this important issue, says Camilla Sandberg, CSR Manager RNB
RETAIL AND BRANDS.

Accord on Fire and Building Safety in Bangladesh (Bangladesh Accord) is an
international initiative aimed at enhancing the safety of textile factories. The
agreement has been developed in cooperation between international companies and
global union organizations working to improve conditions of employment
worldwide. In addition, the UN labour agency ILO will participate in the
implementation of the agreement. Among others, independent inspectors will
review electricity and building structures in the factories. In connection with
the inspections, plans for improvements and repairs will be developed and
monitored jointly by the participating textile buyers and factories.

RNB has worked systematically for a long time with definition of requirements
and monitoring of working conditions, including work environment and fire safety
at factories and suppliers. The follow-up and development work will continue in
parallel with the participation in Bangladesh Accord. The ability to work under
decent working conditions and in safe conditions is crucial for the textile
workers' lives and for continued economic development in the country.

Through participating in the international member initiative BSCI, RNB also
interacts with other companies to develop tools and methods for the control and
improvement of working conditions in Bangladesh and other countries of
production in for example Asia.
For further information, please contact:

Camilla Sandberg, CSR Manager, RNB RETAIL AND BRANDS AB, +46 8 410 523 43,
e-mail: camilla.sandberg@rnb.se
RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing,
accessories, jewelry and cosmetics stores that focus on providing excellent
service and a world-class shopping experience. Sales are mainly conducted in
Scandinavia through the store concepts Brothers and Polarn O. Pyret, as well as
through shops in the department stores NK in Stockholm and Gothenburg. RNB
RETAIL AND BRANDS has operations in 11 countries. RNB RETAIL AND BRANDS has been
listed on the NASDAQ OMX Nordic Exchange since 2001.

Attachments

04018700.pdf