Solid first quarter for retail group N Brown
Manchester retail group N Brown reported a solid first quarter trading performance today.
In an update to the market covering the 13 weeks to June 1, the group said it had experienced continued growth in digital trading, meaning its full year expectations remain unchanged.
Digital revenues rose 3%, while financial services revenues jumped by 8%, although total revenues were 3.8% down.
This included a 12.7% decrease in product brands revenue, in line with the group's strategy of scaling back unprofitable offline marketing and ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...