
JD Williams, Simply Be and Jacamo owner N Brown made a major loss in the latest year as its decision to exit its physical stores put pressure on the bottom line. But it also announced key strategy changes.
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JD Williams, Simply Be and Jacamo owner N Brown made a major loss in the latest year as its decision to exit its physical stores put pressure on the bottom line. But it also announced key strategy changes.
N Brown's Power Brands continued to drive the firm in Q3 but not enough to rescue it from a sales fall, albeit a small one, and the firm is upbeat for those brands' future prospects.
Plus-sized fashion retailer N Brown said on Tuesday its tax bill would rise in the next two years as a result of a long-running dispute with the British government over tax recovery.
With UK retail in its current fragile state, every results announcement is being jumped on for signs of a recovery, which made N Brown’s interim figures of particular interest. And is a recovery on the cards? Not yet.
An influential N Brown investor has asked shareholders to vote against the retailer’s remuneration policy at its AGM on Tuesday, saying that executive bonuses are not linked closely enough to performance.
N Brown had a tough Q1 with UK and international revenue falling, but it's staying upbeat and has announced a 100% focus on the web as it "considers" closing all of its 20 stores.
The owner of the JD Williams, Simply Be, and Jacamo brands has had a reasonably good year with its trio of ‘power brands’ outperforming and its footwear and accessories offer driving its growth.
Asos has topped a league table of website usability but luxury department store Harrods has come close to the bottom of the Summit 2018 Scorecard, which ranks the top 50 retailers online in the UK.
N Brown will soon get a new non-executive director and chairman with Tesco’s UK boss taking up the role at the omnichannel fashion retailer on May 1.
N Brown saw £130 million being wiped off its market value on Tuesday as investors reacted badly to its trading update. And the share price fall continued on Wednesday, although the drop was less sharp.