N Brown reports revenue drop


N Brown reports revenue drop

Sales at N Brown Group for the quarter to 28th May fell by 1.6 per cent with only its Simply Be and Jacamo brands showing year on year improvement. The JD Williams brand achieved double digit growth but its Fifty Plus stablemate levelled it out, with other brands including Fashion World, Figleaves, Marisota and High & Mighty all showing a reduction in sales along with Ambrose Wilson, Julipa, Premier Man and House of Bath.

CEO Angela Spindler maintained that overall trading had been in line with expectations and that the group’s full year guidance remains unchanged. Adding “Our three power brands, JD Williams, Simply Be and Jacamo, continue to outperform the wider group. Revenue from our traditional segment continued to decline, but remedial actions are no well underway.”

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Sign up to receive our newsletter