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RNB RETAIL AND BRANDS: Lina Söderqvist appointed new CEO of Departments & Stores

Lina Söderqvist has been appointed new CEO of Departments & Stores and
member of the Group Management in RNB RETAIL AND BRANDS. Lina comes
from the position as Marketing Manager for Åhléns. She will take up
her new position no later than April 16, 2018. From 1 December until
Lina assumes her position, Nanna Hedlund will take on an increased
responsibility as acting CEO of Departments & Stores alongside her
role as CEO of Polarn O. Pyret.

Lina Söderqvist is 47 years old and has been working for Åhléns in the
role of Marketing Manager since 2015, a job for which she in
mid-October won the award "Sweden's Best Market Manager 2017".
Between 2012 and 2015, Lina worked as Marketing Director at Björn
Borg, and prior to that she has held the position as CEO of the
advertising agency King. Lina Söderqvist holds a degree in business
administration from the School of Business, Economics and Law at the
University of Gothenburg.

"I am very pleased to have recruited Lina as CEO of Departments &
Stores and member of the Group Management in RNB. Lina has a solid
background as a leader in retail and advertising with experience in
marketing, business development and e-commerce. The recruitment of
Lina means that we will get a person who can further develop
Departments & Stores' operations at the NK houses in Stockholm and
Gothenburg in close cooperation with AB NK", says Magnus Håkansson,

"Nanna will, in teamwork with the management team, ensure continuity
during the transition period," concludes Magnus Håkansson.

This information is information that RNB RETAIL AND BRANDS AB is
obliged to make public pursuant to the EU Market Abuse Regulation and
the Securities Markets Act. The information was submitted for
publication, through the agency of the contact person set out below,
on November 2, 2017 at 15.00 p.m. CET.

For further information, please contact:

46 8 410 520 02, 46 768 87 20 02, e-mail:

RNB RETAIL AND BRANDS owns, operates and develops fashion, clothing,
accessories, jewelry and cosmetics stores that focus on providing
excellent service and a world-class shopping experience. Sales are
mainly conducted in Scandinavia through the store concepts Brothers
and Polarn O. Pyret, as well as through shops in the department
stores NK in Stockholm and Gothenburg. RNB RETAIL AND BRANDS has
operations in 10 countries. RNB RETAIL AND BRANDS has been listed on
the Nasdaq Stockholm Exchange since 2001.


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