N Brown profits tumble as cost-of-living crisis shrinks online market

By Hugh Radojev6 October 2022

N Brown has reported falling profits and sales as the ongoing inflationary environment and cost-of-living crisis shrinks the online market.

For the 26 weeks ending August 27, 2022, N Brown reported that adjusted profit before tax was down 82.4% to £4.3m, statutory profit before tax was down 74.6% to £7.2m and adjusted EBITDA had nearly halved to £27.9m.

N Brown profits tumble as cost-of-living crisis shrinks online market

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