N Brown ‘confident’ in strategy despite dip in sales
Fashion group N Brown, which owns Simply Be, Jacamo and JD Williams, has said it is “confident” in its strategic direction for the year ahead, despite posting a dip in sales in its third quarter.
N Brown posted a 9.3% decrease in revenue for the 18 weeks to January 6, 2024, to reach a total of £226m.
The fashion retailer said product revenue was also down 9.7% to a total of £150.2m during the period, which was an improvement on the 11.9% and 10.4% decrease in its first and second quarters respectively.
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