
Battered N Brown group saw its share price rising early on Wednesday on the announcement of a new sub-brand being launched by the company and also its full-year results update.
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Battered N Brown group saw its share price rising early on Wednesday on the announcement of a new sub-brand being launched by the company and also its full-year results update.
Shares in JD Williams and Simply Be owner N Brown plunged over 22% in early trading Thursday after it predicted weaker profits in the 53 weeks to March 4 next year, due to issues from the supply chain to inflation.
A “strong peak performance” in Clothing & Footwear underpinned by rising demand its core strategic brands and a return to growth in active customer numbers were the key positives in a busy Q3 for N Brown.
There’s speculation that THG founder and CEO Matt Moulding could take the listed company private after he said he regrets listing the firm around a year ago. Its shares rose over 5% in early trading Monday as a result.
Joe Browns, the fast-growing lifestyle brand, has just unveiled an ambitious new sales target as it aims to turn over £100 million by 2026 with a series of strategic moves to support that goal.
N Brown seems to be on the recovery trail with the six-month results for the owner of the JD Williams, Simple Be and Jacamo brands showing “strong growth” for its strategic brands.
Shares in fashion and homewares e-tailer N Brown continued to fall on Thursday, despite the company releasing a positive trading update and news of two new high-profile celebrity ambassadors.
JD Williams’ claim against Allianz Insurance over PPI damages has hit problems. The insurance company has now pushed back against the N Brown-owned retailer, increasing its original claim by up to £36 million.
Fashion e-tailer N Brown has delivered full-year results for the period to the end of February and it's no surprise that they were weaker than the previous financial year. But the company seemed upbeat for the future.
Mothercare has moved its London Stock Exchange listing to the ‘junior’ Alternative Investment Market (AIM) after many years on the main market.