- Business
- Björn Borg AB (publ) designs, develops, produces, markets and distributes underwear, sportswear, footwear, bags and accessories under the Björn Borg brand; core offerings include men's, women's and children's underwear with trendy prints, performance styles, loungewear, sleepwear and socks; sportswear categorized into leisure, training, tennis/padel and running apparel; footwear featuring casual and sporty shoes for men and women; bags such as gym bags, backpacks, duffle bags, wallets, gloves and belts; and licensed eyewear including frames and sunglasses. The company operates through Brand, Product Development, Wholesale, Consumer Direct, Distributors and License segments, with sales channels encompassing Björn Borg stores, e-commerce, external retailers, franchises and licensees across primary markets in Sweden (35% of sales), the Netherlands (23%), Finland (12%), Germany (10%), Belgium, Denmark and further presence in Norway, the United States, France, Switzerland, Slovenia and Canada. Founded in 1984 and headquartered in Solna, Sweden, Björn Borg targets active consumers seeking stylish performance wear in the athleisure sector. In 2024, the company integrates footwear fully into its operations, boosting category sales to 10% of total revenue with strong growth of 57%; reports net sales of SEK 989.7 million, up 13.5% year-over-year, driven by 44% expansion in sports apparel, 30% in bags and double-digit gains in key markets like Germany (13%) and Sweden (43%); and reduces net debt significantly to SEK 17.3 million following robust cash conversion and repayment of SEK 125.2 million in overdraft facilities.