Oslo, Norway, 16 January 2021: Reference is made to the release of 18 December 2020 when Austrian authorities, with effect from Monday 28 December 2020, decided to temporarily close down retail trade other than food, pharmacies and other important supply functions in the country as a precautionary measure to contribute to limit the contagion of COVID-19. The temporarily close down of retail trade imposed by the Austrian authorities was first prolonged on 4 January 2021 and yet again today 16 January 2021. The temporarily close down will now last until 8 February 2021 and could be further prolonged. Consequently the seven XXL stores will be temporarily closed in the same time period. XXL monitors the situation closely and will initiate several actions to reduce costs during this period, and the financial effects are estimated to be limited.
For further queries, please contact:
Press contact:
Andreas Nyheim
Tel: + 47 952 11 779
Email: presse@xxl.no
Investor Relations:
Tolle O. R. Grøterud
Tel: +47 902 72 959
E-mail: ir@xxlasa.com
About XXL ASA
XXL is a leading sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark and Austria. It is the largest among the major sports retailers in the Nordics. XXL pursues a broad customer appeal, offering a one stop shop experience with a wide range of products for sports, hunting, skiing, biking and other outdoor activities. XXL's concept is to have the largest stores with the best prices and the widest assortment of products, focusing on branded goods.