RNB to restructure the Norwegian JC business

RNB to restructure the Norwegian JC business

ID: 80751

(Thomson Reuters ONE) -


RNB Retail and Brands has taken the decision to forcefully reduce/restructure
the Norwegian operations in JC. More stores will thus be closed, a reduction
from today's 21 stores to 5. These measures lay the foundation for minimized
operating losses in JC Norway which amounted to -63 million SEK in the previous
financial year.


For further information, please contact: Magnus Håkansson, President and Chief
Executive Officer of RNB,    +46 (8) 410 520 02, +46 768 87 20 02 or e-mail:
 magnus.hakansson(at)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 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.



RNB to restructure the Norwegian JC business :
http://hugin.info/132993/R/1558397/481452.pdf




This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: RNB Retail and Brands AB via Thomson Reuters ONE

[HUG#1558397]




Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  New financial objectives for RNB RETAIL AND BRANDS OP-Pohjola Group solid capital adequacy is well above the level required of European banks
Bereitgestellt von Benutzer: hugin
Datum: 27.10.2011 - 07:05 Uhr
Sprache: Deutsch
News-ID 80751
Anzahl Zeichen: 1859

contact information:
Town:

Stockholm



Kategorie:

Business News



Diese Pressemitteilung wurde bisher 163 mal aufgerufen.


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"RNB to restructure the Norwegian JC business"
steht unter der journalistisch-redaktionellen Verantwortung von

RNB Retail and Brands AB (Nachricht senden)

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