The Sunday Telegraph London, February 2nd, 2003
SHARES in N Brown (97p) have taken a beating after the catalogue shopping group shocked the City with a profit warning 10 days ago. The shares fell to 95.5p, a 27 per cent fall on the day. We recommended selling the shares last April at 246.5p. We were fearful for the group's future after Jim Martin, the highly respected chief executive, stepped down. We have been proved right. The new management misjudged its autumn and winter ranges, leading ...
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