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Sweden : Northern European fashion chain same store sales up in Sept

Sweden : Northern European fashion chain same store sales up in Sept

Write: Kris [2011-05-20]
During the period 1 September to 20 September 2007, the Lindex Group’s same store sales increased by 16 (-9) per cent compared with same period previous year.
Thursday 20 September Lindex completed the successful opening of its first store in the Czech Republic, Lindex’s seventh market. The Czech Republic is a base for expansion into Central Europe.
Lindex calculates it will establish 5 to 6 stores in the Czech Republic during the current financial year and expects an eventual total of between 30 and 40 stores.
To make the shareholders’ decision concerning KappAhl’s public offer of 102 SEK per share easier, Lindex announces its sales figures for the period 1 September to Thursday 20 September 2007. This announcement does not mean that Lindex will continue to declare sales in this way.