Redan revenue down 5% in May

WSE-listed clothing company Redan Group recorded consolidated revenue of about PLN 51 million in May, a 5 percent decline y/y. The area of Redan sales network at the end of May was 141,600 sqm, about 1 percent less compared to a year ago. In discount segment sales stood at about PLN 31 million, falling by 6 percent. Sales through the online store  www.txm.pl slumped by 38 percent amounting to PLN 0.5 million.