SWEDEN: Retailer RNB restructures following JC sale
Scandinavian retail business RNB Retail and Brands is undergoing a corporate reorganisation following the sale of its JC subsidiary to Denim Island in November last year.
A number of functions currently handled by the RNB head office will now be controlled by the company’s subsidiaries, including Brothers & Sisters, Polarn O Pyret and Departments & Stores.
As a consequence, said RNB, the number of head office functions will diminish, with the changes expected to go through in April.
Current RNB supply director Peter Bondelid is set to take over from Maria Öqvist as president of Brothers & Sisters on 1 February, with Öqvist leaving the company later in the month, the company added.
- PSF 2014: No one size fits all in apparel sourcing
- PSF 2014: Shifting focus from cost to consumer
- Garment manufacturers eye Myanmar outsourcing
- Bangladesh industry development moving backwards
- Teen retail being rocked by fast fashion headwinds
- Adidas China supplier in discussions over strike
- Gap issues mirror widespread industry challenges
- Bangladesh PM asks clothing buyers to pay more
- H&M "pushing the process" on sustainable fashion
- Adidas plans mobile phone hotline at all suppliers
- Ethiopia – the emerging textile and clothing industry
- Antimicrobial fibres, fabrics and apparel: innovative weapons against infection
- Trade and trade policy: clothing imports, consumer expenditure and trends in five emerging markets: Brazil, Colombia, India, Kazakhstan and Peru, 4th quarter 2013
- Sustainable Textiles for Apparel: Fact, Fiction and Future Prospects
- Jeans in Italy