N Brown sales hit by unseasonable weather

Exterior of Jacamo and Simply Be branded store

N Brown has seen revenues drop after challenging market conditions and unseasonable weather hampered sales.

The Jacamo and Simply Be owner saw sales drop by 10.4% to Ā£297m for the 26 weeks ending September 2, 2023.

Adjusted EBITDA dropped by 37% to Ā£17.5m, while adjusted profit before tax was almost wiped out, dropping from Ā£4.3m to Ā£0.1m.

 

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