N Brown Group Plc
Apparel and textile industry company news
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N Brown recovery continues in Q3
Online clothing, footwear and homewares retailer N Brown Group says it is trading in line with expectations after product revenue continued to recover in the third quarter – with strong growth in apparel categories that have proved popular during the pandemic, including leisurewear.>
N Brown moves to AIM amid GBP100m equity raise
UK online clothing retailer N Brown has moved to the AIM, the London Stock Exchange's growth market, after completing its GBP100m (US$134.2m) capital raising this morning (23 December). >
N Brown receives shareholder support to raise GBP100m
UK online clothing retailer N Brown has secured the support of shareholders for its plans to raise GBP100m (US$133m).>
N Brown receives GBP100m equity approval
The shareholders of UK digital clothing retailer N Brown have voted in favour of the company’s pre-emptive equity raise of GBP100m (US$130.7m) and its move from the London main market to AIM.>
N Brown strengthens senior team with buying head
UK digital clothing retailer N Brown is continuing to strengthen its senior management team with four new appointments including buying director.>
N Brown apparel sales continue to recover in H1
N Brown said it is trading in line with its expectations after it revealed apparel sales have continued to recover from mid-March levels and product revenue is improving.>
N Brown shares rise on new funding despite sales tumble
UK digital clothing and footwear retailer N Brown Group says while trading has improved from the "sudden and significant" decline experienced in March amid the Covid-19 pandemic, product sales were down 25% in the last six weeks – with continued weakness in clothing.>
N Brown Group anticipates FY profit hit
UK digital clothing and footwear retailer N Brown Group has warned it is anticipating "a material reduction in demand" for the remainder of the financial year on the back of the coronavirus outbreak.>
Oasis MD Sarah Welsh named N Brown retail CEO
N Brown Group has announced Oasis managing director Sarah Welsh is to join the online, catalogue and store retailer in the newly created role of retail CEO.>
N Brown shares tumble amid profit warning and Q3 sales drop
Shares in N Brown Group tumbled by more than 26% this morning (16 January) as the online, catalogue and stores retailer lowered its annual adjusted pre-tax profit guidance amid a drop in third-quarter revenue. >
N Brown hails transition progress as profits climb
Online, catalogue and store retailer N Brown Group says it is making significant progress on its business transition plans as it revealed higher profits in its first-half and growth in digital sales.>
N Brown reaffirms FY as sales continue to fall
Shares in N Brown Group were up by more than 8% this morning (20 June) as the online, catalogue and stores retailer reaffirmed its full-year expectations despite a drop in first-quarter revenue.>
N Brown confirms interim-CEO Johnson as new chief
Online, catalogue and store retailer N Brown Group has appointed interim-CEO Steve Johnson to the position on a permanent basis.>
N Brown in Q3 sales slip, re-evaluating JD Williams business
'Robust' online growth from its three so-called 'Power Brands' and a stable margin performance failed to prevent a slip in overall sales at N Brown Group in the third quarter as the retailer says it is currently re-evaluating its proposition for the JD Williams business.>
N Brown says offline sales will continue to fall
Online, catalogue and stores retailer N Brown Group has warned it expects offline sales to continue to fall as it focuses on driving online growth of it's three so-called 'Power Brands' - JD Williams, Simply Be and Jacamo.>
N Brown seeking new CEO as Spindler steps down
Online, catalogue and stores retailer N Brown Group is to start the search for a new chief executive after announcing the imminent departure of Angela Spindler.>
Simply Be debuts new line of sustainable jeans
N Brown brand Simply Be has become what is thought to be the first UK retailer to sell jeans made from a blend of cotton and recycled bottles.>
N Brown mulls shuttering all stores
Online, catalogue and stores retailer N Brown Group is considering closing all of its bricks and mortar stores following what it called "continued very disappointing footfall".>
N Brown eyes online growth amid challenging FY
A challenging second half weighed on N Brown Group's full-year performance as the online, catalogue and stores retailer revealed plans to expand the global presence of its Simply Be Power Brand through a new partnership with Global Fashion Group (GFG).>
Top stories this week on just-style...
Top stories this week on just-style include a look at how to build a balanced sourcing strategy, the publication by Primark of its global supplier list, Trump goes to Davos while NAFTA grinds on, and Lululemon Athletica's CEO, Laurent Potdevin, exits over misconduct.>
N Brown appoints supply chain director
UK-based plus-size fashion retailer N Brown Group has strengthened its senior management team with a series of appointments, including Phil Barnes as director of supply chain.>
Supply chain trust is key to successful sourcing
There's no "golden ticket" when it comes to building a balanced sourcing strategy, especially when faced with the need for faster speed-to-market and customer demands for 'buy now/wear now', according to Angela Gaskell, head of sourcing and compliance manager at UK-based plus-size fashion retailer N Brown Group. But understanding your customer, identifying the right strategy for your company, building trust and working in partnership with your suppliers are all steps in the right direction.>
Online sales boost N Brown H1, fuels Amazon partnership
Online, catalogue and stores retailer N Brown Group has booked what it says was "continued good trading" in its first-half and revealed plans to expand its online presence through partnerships including those with Amazon Fashion and Debenhams.>
N Brown to close stores despite positive Q1 performance
Online, catalogue and stores retailer N Brown Group has booked what it says was a good performance in the first quarter and reaffirmed its full-year outlook – but warned on an uncertain outlook as it revealed five stores are to close.>
N Brown chairman Higginson steps down
Andrew Higginson, the chairman of online, catalogue and stores retailer N Brown Group, has stepped down from his role.>
N Brown FY earnings slump on charges
Online, catalogue and stores retailer N Brown Group has booked a slump in earnings in its last fiscal year as a result of charges related to the mis-selling of payment protection insurance.>
N Brown names Lahage chief executive of Figleaves
Online, catalogue and stores retailer N Brown Group has appointed clothing industry executive Miriam Lahage as chief executive of its lingerie etailer Figleaves.>
N Brown confident on outlook as sales climb
Online, catalogue and stores retailer N Brown says it is on-track to meet full-year expectations as it revealed higher third-quarter revenues on the back of strong Cyber fortnight sales.>
N Brown "comfortable" despite H1 profit fall
Online, catalogue and stores retailer N Brown said it is comfortable with current market guidance for the full year after a double-digit drop in first-half profit came in line with company expectations. >
N Brown reaffirms FY on "satisfactory" Q1 sales
Online, catalogue and stores retailer N Brown has reaffirmed its full-year guidance as it revealed first-quarter results that were in line with company expectations. >
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