RNB's total sales in proprietary stores in January 2010 amounted to SEK 249.2 M, compared with SEK 292.6 M in the corresponding month a year earlier, which is an decrease of 14.9%. Sales in comparable stores in Sweden in January 2010 decreased by11.8%, compared with the corresponding month in the preceding year. Last year sales in comparable stores increased by 12.3% due to higher than normal levels of discounting. According to the so-called Blixtindex issued by the Swedish Trade Federation (Svensk Handel), the Swedish clothing market was unchanged, 0% in January. Total sales in comparable stores in all countries decreased by 15.1%. The calendar effect in January for the retail clothing sector compared with the corresponding month in the preceding year is according to the Swedish retail statistics agency, HUI, negative 3.3%. The number of proprietary stores amounted to 239 at January 31, 2009, compared with 242 a year earlier. Turnover in proprietary stores for fiscal year 2008/2009 amounted to approx. 75% of total annual net sales. For further information, contact: Cecilia Lannebo, IR, RNB RETAIL AND BRANDS +46 (0) 8-410 520 45,+46 768 87 20 45, e-mail: cecilia.lannebo@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 three store concepts Brothers & Sisters, JC and Polarn O. Pyret, as well as through shops in the department stores NK in Stockholm and Gothenburg, Steen & Ström in Oslo and Illum in Copenhagen. RNB RETAIL AND BRANDS has operation in 11 countries. RNB RETAIL AND BRANDS has been listed on the OMX Nordic Exchange since 2001. [HUG#1383388]
RNB's sales in January 2010
| Source: RNB RETAIL AND BRANDS AB