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    CDON Group launches Bodystore.dk in Denmark

    2011-02-22 08:00 - Regulatory press release
    CDON Group AB (Nasdaq OMX Stockholm: CDON) (publ.), one of the leading e-commerce groups in the Nordic region, today announced that it has expanded its Sports & Health segment geographically through the launch of Bodystore.dk in Denmark. Bodystore.dk is a Danish sister e-retailer to Swedish Gymgrossisten.com, and offers a broad selection of nutritional supplement products, fitness apparel and training equipment.

    CDON Group's Sports & Health offering is now available on a pan-Nordic basis. The segment reported a sales growth of 35% year on year to SEK 285 million for the full year 2010, which reflected it's popular product offering combined with growing levels of health awareness, as well as the segment's increased sales volumes in Finland and Norway.

    Mikael Olander, President and Chief Executive Officer of CDON Group, commented: “The pan-Nordic expansion of our Sports & Health offering is consistent with our growth strategy of broadening our product ranges, geographically expanding our businesses and adding new brands to our portfolio.”

    ”Gymgrossisten holds a leading position in the Swedish market. It has quickly gained a strong position in both Norway and Finland, and we are convinced that our offering will prove equally popular with Danish consumers.”

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