SWEDEN: JC December Sales Beat Down Trend
Swedish clothing chain JC had 11 per cent better sales for 2000 than the previous year, but only eight per cent better than in December 1999. "December the previous year was excellent due to the demand for party clothes to celebrate the new millennium," said Claes Hagberg, JC's vice director. Although JC has shops abroad, 75 per cent of its sales are in Sweden. On Monday morning Claes Hagberg announced that JC's target growth of 15 per cent for 2000 would be achieved. Besides the groups will establish two more shops in Stockholm and take over a number of franchise shops.
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