N Brown sees revenues drop


N Brown sees revenues drop

N Brown has reported a drop in its revenues for its first quarter. Coming in at £165.1 million, this is down by 2.1 per cent compared with the same period in 2021.

CEO Steve Johnson said: “Sales Volumes since the start of the financial year have been softer, reflecting various well-documented pressures on consumer confidence, which are showing no signs of abating in the short term. As these pressures persist, we expect the trading environment to remain challenging and will, therefore, continue to take actions to mitigate the effects wherever possible.”

 

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