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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