Björn Borg reports a 55 percent increase in net earnings...

2014-12-05T00:00:00

Björn Borg reports a 55 percent increase in net earnings to 24 million Swedish kronor (€2.6m-$3.2m) in the third quarter, thanks to an improved gross margin of 52.4 percent, cost controls and discontinuing its Chinese operations. Sales increased by only 2 percent to SEK 163.7 million (€17.7m-$21.7m), but the Swedish underwear ...

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