Fashion retailer Retail and Brands AB said sales at its own stores dropped to SEK108.3 million in December 2004 from SEK131.8m in December 2003.

December same-store sales, with the exception of the NK chain, increased 8.9 per cent. Including NK, comparable store sales fell 3.5 per cent.

RnB consists of the Polarn O Pyret and Portwear Retail units.