KappAhl half-yearly report: Challenging quarter with bright spots
“…Bright spots in a severely negative market were our lower inventory levels and that growth in eCommerce has continued in line with the strong trend of 30-40-per cent we saw in the past year...” Read the full CEO statement in the report. · Sales in the quarter decreased by 6.2 per cent to SEK 1,115 (1,189) million and the gross margin decreased by 0.1 percentage points to 58.8 (58.9) per cent. During the first half year sales decreased by 6.9 per cent to SEK 2,280 (2,450) million and the gross margin was 61.8 (62.2) per cent. · Inventory levels continue to be lower; SEK