Brothers has undergone major changes over the past 18 months that have made the company ready to increase its sales and profitability, as they have shown over the past six months. It now feels safe to hand over Brothers to Jotunfjell, which has a genuine focus on retail. I have full confidence that they will continue to develop Brothers into a successful men's fashion chain
There may be changes to the ownership of one or several of the companies at some point this fall. We’ve started sounding this out and discussions are underway.
“The bond issue will provide a platform for flexible financing and opens up for new investors in RNB Retail and Brands”