Retailer N Brown posts strong online growth in first half



British plus-size fashion retailer N Brown Group Plc said it posted strong growth in online sales during the first half while total group revenue rose marginally.
Shares of N Brown rose as much as 12 percent, making them the top gainers on the FTSE 250 midcap index.
The company, known for its brands SimplyBe and Jacamo, said online revenue rose 7.5 percent year-on-year, with 70 percent of its online traffic coming from mobile devices.
N Brown, which has reduced its range of non-core home and electrical items to focus on fashion clothing, said total group revenue rose 1 percent to 429.4... read more

 
11 October 2016 in World News, Views: 35
Source: Reuters
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