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N Brown Group sales up 8% in 17 weeks ending June 29
02
Jul '13
In the 17 weeks ended 29 June 2013 total N Brown Group plc revenue increased by 8.0% and like-for-like revenue was up by 7.8% after excluding sales from stores opened in the last year.
 
Contributions to the revenue growth have come from all our major brands, product groups and channels, including online, stores and international. Ladieswear revenue has recovered as the weather has improved, and we continue to see strong growth from menswear and footwear. Home and gift’s sales momentum is continuing and it remains our fastest growing product category.
 
The key brands targeted at customers under 50 - Simply Be, Fashion World and Jacamo, all delivered good growth. Within the brands targeted at customers over 50, there were strong performances from Marisota, House of Bath and Julipa, with the JD Williams group of brands also growing, although at a more modest rate than our over 50's brands overall.
 
Customer recruitment has gone according to plan, with spend level maintained at last year’s increased rate. We are progressing with our contact optimisation programme, reducing the number of brochures mailed to customers and investing more in the online channel, which now accounts for 56% of total home shopping revenue.
 
The Marisota and Jacamo websites have now been launched in the United States to complement Simply Be and Figleaves and we continue to see exciting opportunities in this market. In the UK, the dual fascia Simply Be/Jacamo stores are making good progress and it will be deciding shortly whether to open any more in time for Christmas 2013.
 
Angela Spindler joined the business as Chief Executive on 1 July 2013, taking over from Alan White who retires from the group on 31 October 2013. 

N Brown Group plc

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