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CDON Group AB: CDON Group launches Gymsector.com in Austria
CDON Group AB (publ), the leading e-commerce group in the Nordic
region, today announced that its subsidiary Gymgrossisten AB has
expanded to Austria through the launch of Gymsector.com/at.
Gymsector is the brand name that the supplement store Gymgrossisten
use for its continued expansion outside the Nordic markets.
Subsequent to the launch Gymgrossisten now operates e-commerce stores
in Sweden, Norway, Finland, Denmark, Germany and Austria.
Paul Fischbein, President and CEO of CDON Group, commented: "The
launch of Gymsector in Austria is a natural next step as
Gymgrossisten continues to expand on the European market. The company
has a successful business model and unique offering that we believe
will appeal to the Austrian customers."
About Gymgrossisten
Gymgrossisten.com is the largest online retailer for health and
training and operates local e-commerce stores in the Nordics, Germany
and Austria, Gymgrossisten offers a range of more than 200 different
brands and private label products account for more than 40% of total
sales.
The information in this announcement is that which CDON Group AB is
required to disclose under the Swedish Financial Instruments Trading
Act and/or the Securities Markets Act. This information was released
for publication at 08:00 CET on 18 June 2014.
For further information please visit cdongroup.com or contact:
Paul Fischbein, President and CEO, CDON Group
Tel: +46 (0)10 703 20 00
Fredrik Bengtsson, Head of Communications
Tel: +46 (0)700 80 75 04
E-mail: press@cdongroup.com, ir@cdongroup.com
About CDON Group
CDON Group is the leading e-commerce group in the Nordic region. Since
the start in 1999, the group has expanded and broadened its product
portfolio and is now a leading e-commerce player within Entertainment
(CDON.com and Lekmer.com), Fashion (Nelly.com, NLYman.com and
Members.com), Sport & Health (Gymgrossisten.com, Bodystore.com and
Milebreaker.com) and Home & Garden (Tretti.com). In 2013, the group
generated 4.5 billion SEK in revenue. CDON Group's shares are listed
on NASDAQ OMX Stockholm Mid-cap list under short name "CDON".
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http://news.cision.com/cdon-group-ab/r/cdon-group-launches-gymsector-com...
http://mb.cision.com/Main/53/9603871/257995.pdf