Swedish firm Bjorn Borg’s net sales soar 5% in Q3 FY23

Bjorn Borg reported Q3 FY23 net sales of SEK 262.1 million ($25.05 million), a 5 per cent increase year-over-year.
E-commerce sales grew by 15 per cent, with own platforms up 25 per cent.
Gross margin improved to 52.6 per cent.
Operating profit rose 34 per cent to SEK 40.9 million, and profit after tax increased by 44 per cent to SEK 32 million.

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