N Brown sales slip due to poor spring weather 

15th June 2023 | Michael Pearn

A combination of poor spring weather and low consumer confidence depressed sales at clothing and footwear digital retailer, N Brown.

It said it had experienced a continuation of a softer revenue trend in the first quarter of the year to June.

But the company said that the effect was partially offset by higher average item values and an improving product revenue trend across the quarter.

It said that it had progressed with its investment in a new mobile-first website for Jacamo, which had partnered with LADbible to create video content.

Steve Johnson, chief executive of N Brown, said: “We have started the year with an elevated focus on the transformational priorities which will deliver the biggest benefits, including new mobile-first websites for Jacamo and JD Williams, and the delivery of our new financial services platform.”

He added: “As flagged in our FY23 Preliminary results, we expect weak consumer confidence to continue through FY24 and are therefore taking a disciplined approach to managing costs and driving margin improvements whilst we invest in the business for medium-term growth. We remain confident in the strategy, and expect to continue to deliver progress across each of our strategic pillars this year.”

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