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Online fashion retailer N Brown Group celebrates record breaking results

The group based in Manchester saw revenue grow by 3.2 per cent across all its brands. A breakdown of revenues shows the JD Williams brand was up 3 per cent, Simply Be, up 14.5 per cent, Jacamo, up 4.6 per cent and Power Brands, up 7.3 per cent. The group has seen its active customer based rise by 4.7 per cent compared to the same period overing the 18 week period to January 6. Meanwhile N Grown is advantages and disadvantages of online shopping hoping to build on the positive festive period with a new partnership for Simply Be and Jacamo with Zalando, Europe’s online fashion platform, operating across 15 countries. Angela Spindler, CEO, said: “I am pleased with the trading performance during the period, with 2.7 per cent product growth following 5.9 per cent last year. We delivered another record breaking Christmas and I would like to thank our colleagues for working so hard to make this happen. “Simply Be was our standout brand, up 14.5 per cent. We saw strong progress across our key strategic indicators, with online revenue up 9 per cent, introduction of online shopping Power Brand revenue up 7.3 per cent and the USA up 22 per cent. The fashion market remains competitive and we invested in promotional activity across our brands and product categories, which successfully delivered market share gains. “Financial Services continues to perform strongly, driven by the ongoing improvement in the quality of our loan book, which adds resiliency to our group in more challenging macro-economic conditions.

For the original version including any supplementary images or video, visit https://www.manchestereveningnews.co.uk/business/business-news/online-fashion-retailer-n-brown-14219695

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