N Brown shares jump as it reports growth in profits despite challenging market
N Brown said out of its three "power brands", Simply Be continues to be the standout, with revenue up 16.3%
Company
LON:BWNG
Brown Group is principally engaged in retailing through direct home shopping. Some of its wholly-owned subsidiaries include J D Williams & Co. Limited, which is engaged in direct home shopping by catalogue; J D W Finance Limited, which is engaged in financing and ancillary services; N B Insurance Guernsey Limited, which is engaged in insurance services, and First Financial Limited, which is engaged in financial services.
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N Brown said out of its three "power brands", Simply Be continues to be the standout, with revenue up 16.3%
Investments and investor services
Imports in the period fell 2.1%, while exports increased 2.4%
Takeda on Wednesday increased its offer for Shire up to £46bn or £49 per share.
Archive
The week ahead in includes updates from Lloyds, Barclays, RBS, Shire, GSK, Whitbread, Persimmon and Shell
Matt Davies will join N Brown at the start of May, replacing Andrew Higginson
A look at some of the day's big movers, such as Altyn, Thor Mining, N Brown, and Pets at Home
N Brown's core market is women aged 50 or over who are size 20 or above
Investments and investor services
The pound is down 0.21% against the Euro and off 0.04% against the US dollar at the time of writing
Archive
Day ahead includes trading updates from easyJet PLC, Cairn Energy PLC, Marston's PLC, Pets at Home PLC, plus interim results from IG Group PLC
Archive
Week ahead includes updates from Diageo PLC, easyJet PLC, Dixons Carphone PLC, ASOS PLC, Sky PLC, JD Wetherspoon PLC, plus UK labour market and GDP data
A look at some of the biggest risers and fallers today in London
A look at some of the biggest risers and fallers today in London
N Brown made significant gains in the market share for ladieswear despite a subdued consumer backdrop
In a joint news conference held later in the day, Barnier admitted that some progress had been achieved on citizens' rights and Ireland's common travel area
Archive
The Week Ahead includes trading updates from media firms Sky PLC and Trinity Mirror PLC, as well as news from defence group BAE Systems PLC, and minutes from the FOMC meeting
N Brown expects to incur an exceptional cost of between £35mln and £40mln this year relating to potential customer redress
A look at today's biggest risers and fallers in London
The high street performance wasn’t as good though, with the retailer to shut five high street stores
The pound has plummeted against the dollar on dovish remarks from Bank of England Governor Mark Carney
The bank has raised its stance for the B&Q chain owner to ‘buy’ from 'hold’ with an increased price target of 440p, up from 380p previously