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N Brown first-half profit rises, boosted by online push
N Brown expects extra PPI provision of 20-30 mln stg
N Brown Q1 Total Revenue Falls 3.8%
N Brown Group plc is a digital specialist fit fashion retailer. The Company offers customers a range of products in clothing, footwear and home wares. The Company is a multichannel retailer. It operates through the Home Shopping segment. Its power brands include JD Williams, Simply Be and Jacamo. JD Williams is a department store concept offering style for 50-plus customers and their families. Simply Be is a women's clothing retailer, which offers a fashion collection regardless of the size. Jacamo offers in-house ranges, such as Label J and Black Label, alongside international brands. Its brands also include Ambrose Wilson, Julipa, Premier Man, House of Bath, Marisota, Fashion World, High and Mighty, and Figleaves. It offers financial services that focus on credit customer base and cash customers. It offers womenswear from sizes ranging from 10 to 32 and menswear from sizes ranging from small to 5XL. It operates a store estate in the United Kingdom that focuses on key shopping areas.
Retail (Catalog & Mail Order)
Griffin House, 40 Lever Street
Non-Executive Independent Chairman of the Board
Chief Executive Officer, Director
Group Chief Financial Officer, Executive Director
General Counsel, Secretary, Director
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Plus-sized fashion retailer N Brown <BWNG.L> reported higher first-half adjusted pretax profit on Thursday, as it reaps the benefits from transitioning to an online-only business after closing all its stores last year.
Plus-sized fashion retailer N Brown reported higher first-half adjusted pretax profit on Thursday, benefiting from its transition to an online-only business after shutting all its shops last year.
Shares in N Brown fell as much as 10% after the fashion retailer said it would set aside another 20-30 million pounds in provisions relating to the mis-selling of payment protection insurance as it saw 10 times the average volumes of claims in August.
N Brown Group Plc said on Thursday its first-quarter total revenue fell 3.8%, but the British plus-sized fashion reported a rise in clothes sold online amid its digital push.
British fashion retailer N Brown Group Plc said on Thursday its first-quarter total revenue fell 3.8% hurt by a decline in product revenue in a challenging retail market.
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.
* Shares down 21 pct to 109.16 pence at 0948 GMT (Releads, adds analyst comment, context, updates shares)
British plus-size fashion retailer N Brown Group Plc expects a decline in offline sales to hold back revenue in the short-term, after it posted a 5 percent drop in half-year adjusted pretax profit.
British clothing retailer N Brown Group Plc said its chief executive Angela Spindler would step down at the end of September, three months after announcing plans to close all its stores and move online due to a tough retail environment.
British clothing retailer N Brown Group Plc said its chief executive Angela Spindler would step down at the end of the month, just three months after saying it was looking to close all its stores and move entirely online in response to a tough retail environment.
British clothing retailer N Brown Group Plc <BWNG.L> said on Thursday it was looking to close all its stores and move entirely online, the latest in a string of chains cutting back their High Street presence due to the tough retail environment.
British clothing retailer N Brown Group Plc said on Thursday it was looking to close about 20 stores as visitor numbers have dwindled.
* SEES FY19 FINANCIAL SERVICES GROSS MARGIN -100BPS TO -200BPS
British fashion retailer N Brown said on Monday it had appointed Matt Davies, the current CEO of Tesco UK and Ireland, to be its new chairman.
Shares in British clothing retailer N Brown Group Plc fell 12 percent on Tuesday after the company trimmed its product gross margin forecast for the fiscal year as it spends heavily on promotions to drive sales.
British clothing retailer N Brown Group Plc reported a 3.2 percent rise in third-quarter revenue and said it had a robust Christmas season.
* NEW PARTNERSHIP WITH ZALANDO ANNOUNCED Source text for Eikon: Further company coverage: (London Newsroom)
* ANNOUNCES PARTNERSHIP WITH N BROWN GROUP TO ADD EXCLUSIVE KOOVS PRIVATE LABEL YOUNG FASHION BRAND TO N BROWN'S SIMPLY BE OFFER
British clothing retailer N Brown Group Plc reported a 5.6 percent rise in half-year revenue on strong growth in plus-sized apparel sales.
* H1 ADJUSTED PROFIT BEFORE TAX 32.2 MILLION STG VERSUS 31.6 MILLION STG YEAR AGO
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.