RNB Retail and Brands AB
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RNB Retail and Brands AB - overview
Established
2001
Location
Stockholm, -, Sweden
Primary Industry
Retail
About
Based in Sweden, RNB Retail and Brands AB operates in the retail and fashion sector, offering a diverse range of apparel and accessories through various brands, catering to a wide consumer base. RNB Retail and Brands AB specializes in the retail of fashion and lifestyle products. The company was founded in 2001 and is headquartered in Stockholm, Sweden. Edward Whitfield serves as both the Founder and CEO.
In March 2021, RNB executed a TRADE SALE of its subsidiary Polarn O. Pyret to Procuritas GmbH for SEK 353 million. This transaction indicates a strategic pivot towards streamlining operations and focusing on core brands. The company has engaged in 2 deals to date, with the most recent deal occurring on March 10, 2021, totaling SEK 353 million.
RNB Retail and Brands AB offers a wide variety of products, primarily in the retail fashion segment. Their offerings include clothing, accessories, and footwear across multiple brands catering to different consumer segments. The company targets various demographics with its product lines, addressing fashion needs for both everyday wear and special occasions. They operate through a combination of physical retail stores and online platforms, ensuring accessibility for a broad customer base in Sweden and potentially beyond.
For the most recent fiscal year of 2022, RNB Retail and Brands AB reported a revenue of SEK 1,662,966 and an EBITDA of SEK -13,254,528. The company's revenue model includes direct-to-consumer sales and B2B partnerships, particularly leveraging subscription-based services for some of their product offerings. RNB Retail and Brands AB plans to expand its product lines and enhance its brand portfolio with new launches in the upcoming year, aligning with current fashion trends. The company is focusing on expanding its presence in the Nordic markets, leveraging recent funding from the TRADE SALE to support these initiatives.
The funds from the sale of Polarn O. Pyret will facilitate the development of new products and enhance marketing efforts aimed at increasing brand awareness and consumer engagement throughout 2022 and beyond.
Current Investors
Novax
Primary Industry
Retail
Sub Industries
Accessories, Beauty & Hygiene, Clothing, Clothing Stores
Website
www.rnb.se
Verticals
E-commerce
Total Amount Raised
Subscriber access only
RNB Retail and Brands AB - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Polarn O. Pyret AB | - | ||||||||
| Trade Sale | Completed | RNB Retail and Brands AB | - | ||||||||
| PIPE | Completed | RNB Retail and Brands AB | - |
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