The Independent - London, January 25th, 2007
N Brown, the home shopping retailer aimed at older and largersized consumers, is to return [pound ]80m to shareholders as it announced an 11 per cent rise in underling sales.
The company, which caters mostly for women, said the move would "improve the efficiency of our balance sheet". N Brown has divested non-core interests while its main business has been revived over the past three years since it started offering more fashionable clothing. Most customers order clothes over size 20 and their average age is 60.
The company sells both through catalogues and over the web. N Brown said it would...
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