N Brown
This coverage examines N Brown’s business activities, strategic direction, and performance within the UK retail sector. Reporting focuses on store operations, digital transformation, brand portfolio management, leadership decisions, financial results, and marketing initiatives. Insight is tailored for retail executives, brand managers, and professionals interested in understanding N Brown’s market positioning and its impact on UK retail dynamics.
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Jun- 2023 -6 JuneOnline & Digital
N Brown profits plunge over 80% in FY23
N Brown has seen its pre-tax profit plummet by 82.6% to £7.5m in FY23, down from £43.1m the year before, as the group grappled with a challenging market with inflation impacting both customer spend and its cost base. On a statutory basis, the group fell to a pre-tax loss of…
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Apr- 2023 -25 AprilClothing & Shoes
JD Sports appoints two new directors to board
JD Sports has appointed Angela Luger and Darren Shapland as its newest non-executive directors, with effect from 1 June 2023. Following their appointments, Luger will join the remuneration committee while Shapland will join the audit and risk committee. Luger brings a “wealth” of retail and non-executive director experience to the…
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5 AprilNews
N Brown appoints former Hobbs CEO to board
N Brown Group has recently confirmed the appointment of Meg Lustman as an independent non-executive director. Lustman, who is a former Hobbs chief executive, has 35 years of experience in the retail industry. She held senior positions at many of the UK’s leading fashion retailers as well as having spent…
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Mar- 2023 -8 MarchPeople Moves
Co-op hires new chief financial officer
The Co-op has announced the appointment of Rachel Izzard as chief financial officer and a member of the Co-op Group board. Izzard will take up the position from current interim CFO Mike Hazell. Prior to this role, Izzard held a number of senior leadership and CFO positions, including IFA Cargo,…
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Feb- 2023 -23 FebruaryPeople Moves
N Brown appoints new CFO
UK-based clothing and footwear retailer N Brown has announced the appointment of Dominic Appleton as the brand’s new chief financial officer, effective from 1 March 2023. Appleton will succeed Rachel Izzard as CFO and a board director when she steps down. In the meantime, Izzard will work with group CEO,…
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6 FebruaryNews
Mike Ashley eyes two shopping centres in £100m deal
Mike Ashley has lined up a £100m acquisition of two shopping centres, according to The Times. Frasers Group is in advanced talks to buy the Overgate centre in Dundee for £30m, along with The Mall in Luton in a £70m deal. The Overgate centre is currently owned by Legal and…
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Jan- 2023 -30 JanuaryClothing & Shoes
Frasers Group increases N Brown stake
The Frasers Group has increased its shareholding in clothing and footwear retailer N Brown to become its second largest shareholder. The Sports Direct owner has increased its holdings in the company up to 17.88% according to LSE filings. This move makes Frasers the second largest shareholder in the company after…
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13 JanuaryHigh Street
N Brown sees Q3 sales slip 7.6%
N Brown has revealed its third quarter sales dropped by 7.6% to £249.2m in the 18 weeks to 31 December. Sales at heritage brands Ambrose Wilson, Home Essentials, Fashion World, Marisota, Oxendales and Premier Man dropped by 17.6%, while strategic brands Simply Be, JD Williams and Jacamo saw a 5.5%…
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Nov- 2022 -29 NovemberClothing & Shoes
N Brown Group CFO to step down
N Brown Group has announced that Rachel Izzard has notified the board of her intention to step down as group chief financial officer. Izzard will be leaving the group to take up a career opportunity outside of the online fashion and consumer credit industry. The retailer said that “the process…
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7 NovemberClothing & Shoes
N Brown appoints new director of design
N Brown Group has announced the appointment of Helen Low as the group’s new director of design. Low, who is currently head of design at Joules, will join on 21 November 2022. The appointment is in line with existing succession plans for the group’s current director of design, Neil Hendy,…
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