Net revenue declined 4.3% year-over-year in Q2 2026, with operating and profit margins also down due to weaker Nordic demand and less precise assortment planning. Own brand sales rose to 64.1%, and cash position improved, while management launched initiatives to strengthen positioning and processes…
Net revenue declined 4.3% year-over-year in Q2 2026, with operating and profit margins also down due to weaker Nordic demand and less precise assortment planning. Own brand sales rose to 64.1%, and cash position improved, while management launched initiatives to strengthen positioning and processes.
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