jacamo news and archive

N Brown revenues decline 10.4 percent

N Brown Group revenue contracted 10.4 percent to 297 million pounds, reflecting the challenging market conditions including unseasonable weather through spring and July to August. The company witnessed trading during the first five weeks of the third quarter improve over the second quarter run rate. While macro-economic challenges of a high...

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N Brown Q1 revenues decline by 9.9 percent

For the first quarter, N Brown Group reported revenues of 148.7 million pounds, down 9.9 percent. The company said that the softer product revenue seen in the fourth quarter has broadly continued, reflecting poor early spring weather and low consumer confidence. Commenting on the company’s performance, Steve Johnson, N Brown’s chief executive,...

Business

Jacamo establishes partnership with LadBible Group

Jacamo, a menswear brand under the N Brown Group, has unveiled a new partnership with youth publisher, the LadBible Group. Through the long-term agreement, facilitated by media agency The7Stars, the duo will work together on creating video content and wider campaigns focused on “passions and skills”, with every featured look to be shoppable at...

ManagementFeatured

N Brown: Revenue and profit decline amid challenging market conditions

N Brown Group revenue for the year to March 4 2023 fell 5.3 percent to 677.5 million pounds, reflecting challenging online market conditions. The company said that product revenue declined 6.9 percent, with strategic brands down 5.3 percent. Lower retail sales, net of higher customer credit penetration, led to lower FS revenue, down 2.4 percent....

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N Brown Q3 revenues drop

N Brown plc reported third quarter revenue of 249.2 million pounds, down 7.6 percent in line with Q2 trends and management expectations, reflecting a soft and highly promotional market. Commenting on the trading performance, Steve Johnson, the company’s chief executive, said: "We have traded in line with our expectations through a challenging...

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N Brown CFO Rachel Izzard to step down

N Brown Group Plc has announced the departure of chief financial officer Rachel Izzard. The company said in a release that Izzard will be leaving the group to take up a career opportunity outside of the online fashion and consumer credit industry and that the process to identify her successor is underway. According to the company’s website,...

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N Brown sales drop by 2.1 percent

N Brown Group Plc , for the 13 weeks ended May 28, 2022 reported revenues of 165.1 million pounds, down 2.1 percent compared to the previous year’s first quarter. The company said in a release that earnings expectations for FY23 remain unchanged from those outlined in the preliminary results on May 18, 2022, with adjusted EBITDA expected to...

ManagementFeatured

N Brown posts growth across strategic brands

N Brown Group revenue declined 1.8 percent to 715.7 million pounds for the year to February 26, 2022, as a result of a 0.6 percent decline in total product revenue and a 4 percent decline in financial services revenue. However, adjusted pre-tax profit of 43.1 million pounds was up 46.6 percent from the previous year’s 29.4 million pounds and...

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N Brown posts 9 percent product revenue growth

N Brown Group Plc said product revenue from the strategic brands increased approximately 9 percent versus the 52 weeks ended February 27, 2021. Commenting on the trading update, Steve Johnson, N Brown’s chief executive, said: "I am pleased with the progress which we continue to make and despite the volatile backdrop our expected full year...

ManagementFeatured

Clothing & footwear category drives N Brown's revenues

For the third quarter, N Brown Group plc reported 5.5 percent increase in revenues to 149 million pounds. Excluding the impact of the closure of the Figleaves website in March 2021, the company said, third quarter product revenue was slightly ahead of the prior year and FY22 year-to-date revenue was up 5 percent. Commenting on the third quarter...

ManagementFeatured

N Brown H1 revenues drop, profit increases

Total group revenue at N Brown Group plc declined to 346.8 million pounds as a 3.3 percent increase in total product revenue was offset by the decline of 5.7 percent in financial services revenue. Adjusted pre-tax profit was 24.2 million pounds, an increase of 7.1 percent, while statutory pre-tax profit rose to 28.2 million pounds. The company...

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N Brown posts Q1 product revenue growth of 4.6 percent

N Brown posted first quarter revenue growth of 0.5 percent to 168.7 million pounds with product revenue up 4.6 percent and financial services revenue down 5.9 percent. The company’s core brands, Jacamo, Simply Be, JD Williams, Ambrose Wilson and Home Essentials, were up 15.5 percent and now represent 81 percent of product revenue, up from 67...