jacamo news and archive

N Brown chairman Ron McMillan to retire

N Brown has announced that Ron McMillan will be retiring as chair and stepping down from the board with effect from April 30, 2024, for personal reasons. McMillan has been on the N Brown board for 11 years. The company’s board has decided to appoint Steve Johnson, following McMillan's departure, as interim executive chair and chief executive...

Business

N Brown gets SBTi approval for near-term GHG targets

Fashion retail conglomerate N Brown Group has said that its near-term science-based targets to reduce greenhouse gas (GHG) emissions have been approved by the Science Based Targets initiative (SBTi). By 2030, the company has committed to reduce scope 1, 2 and 3 GHG emissions from its operations by 46 percent from a 2021 base year. While scope 1...

Business

N Brown Q3 revenues decline by 9.3 percent

N Brown’s third quarter revenues of 226 million pounds declined by 9.3 percent over the same quarter last year, while year-to-date revenues of 523 million pounds decreased by 9.9 percent. The company witnessed an improving product revenue trend in the third quarter with product revenues declining by 9.7 percent versus 10.4 percent and 11.9...

People

N Brown names Clare Empson as director of supply chain

N Brown Group has appointed Clare Empson as the new director of supply chain. She will commence her new role on January 15, 2024 and will report directly to N Brown’s Group CEO, Steve Johnson. Commenting on Empson’s appointment, Johnson said: “I’m delighted to be strengthening our senior team with Clare’s appointment. Clare joins at an exciting...

Business

N Brown revenues decline 10.4 percent

N Brown Group revenue contracted 10.4 percent to 297 million pounds, reflecting the challenging market conditions including unseasonable weather through spring and July to August. The company witnessed trading during the first five weeks of the third quarter improve over the second quarter run rate. While macro-economic challenges of a high...

Business

N Brown Q1 revenues decline by 9.9 percent

For the first quarter, N Brown Group reported revenues of 148.7 million pounds, down 9.9 percent. The company said that the softer product revenue seen in the fourth quarter has broadly continued, reflecting poor early spring weather and low consumer confidence. Commenting on the company’s performance, Steve Johnson, N Brown’s chief executive,...

Business

Jacamo establishes partnership with LadBible Group

Jacamo, a menswear brand under the N Brown Group, has unveiled a new partnership with youth publisher, the LadBible Group. Through the long-term agreement, facilitated by media agency The7Stars, the duo will work together on creating video content and wider campaigns focused on “passions and skills”, with every featured look to be shoppable at...

BusinessFeatured

N Brown: Revenue and profit decline amid challenging market conditions

N Brown Group revenue for the year to March 4 2023 fell 5.3 percent to 677.5 million pounds, reflecting challenging online market conditions. The company said that product revenue declined 6.9 percent, with strategic brands down 5.3 percent. Lower retail sales, net of higher customer credit penetration, led to lower FS revenue, down 2.4 percent....

Business

N Brown Q3 revenues drop

N Brown plc reported third quarter revenue of 249.2 million pounds, down 7.6 percent in line with Q2 trends and management expectations, reflecting a soft and highly promotional market. Commenting on the trading performance, Steve Johnson, the company’s chief executive, said: "We have traded in line with our expectations through a challenging...

Business

N Brown CFO Rachel Izzard to step down

N Brown Group Plc has announced the departure of chief financial officer Rachel Izzard. The company said in a release that Izzard will be leaving the group to take up a career opportunity outside of the online fashion and consumer credit industry and that the process to identify her successor is underway. According to the company’s website,...

Business

N Brown sales drop by 2.1 percent

N Brown Group Plc , for the 13 weeks ended May 28, 2022 reported revenues of 165.1 million pounds, down 2.1 percent compared to the previous year’s first quarter. The company said in a release that earnings expectations for FY23 remain unchanged from those outlined in the preliminary results on May 18, 2022, with adjusted EBITDA expected to...

BusinessFeatured

N Brown posts growth across strategic brands

N Brown Group revenue declined 1.8 percent to 715.7 million pounds for the year to February 26, 2022, as a result of a 0.6 percent decline in total product revenue and a 4 percent decline in financial services revenue. However, adjusted pre-tax profit of 43.1 million pounds was up 46.6 percent from the previous year’s 29.4 million pounds and...