Growth slows at Clas Ohlson

The Swedish retailer Clas Ohlson reported sales of SEK 1.846 bn for the second quarter (August to October) of its 2015/2016 financial year. This figure equates to an increase of two per cent compared with the same period last year and thus a smaller increase than usual in the past. In local currencies the increase amounted to five per cent. Sales for the first six months came to SEK 3.616 bn, an increase of five per cent.