Investors Chronicle - magazine and web content, October 10th, 2007
Online sales are up and an expected rise in the number of women over the age of 45 provides support to the group's prospects Shunil Roy-Chaudhuri
N Brown, which focuses on selling clothing to larger, older women, had results that largely speak for themselves. Like-for-like sales rose by an impressive 10.6 per cent, while the operating margin improved by 0.3 percentage points, to 14.3 per cent, and EPS shot up following share buy-backs. Chief executive Alan White said a key driver of this performance was the "booming internet". Indeed, e-commerce sales rose by 40.4 per cent, to GBP73m, and n...
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