Plus size retailer reports strong Christmas

'‹'‹'‹'‹'‹Plus-size fashion retailer N Brown Group reported a 4.1 per'‹ '‹cent rise in third-quarter revenue and said it '‹i'‹s on track to meet full-year expectations.
By The Newsroom
Published 21st Jan 2016, 08:52 BST
Updated 21st Jan 2016, 08:59 BST
Plus size retailer N Brown is on track for the full yearPlus size retailer N Brown is on track for the full year
Plus size retailer N Brown is on track for the full year

N Brown's biggest brand, JD Williams, performed well, as the clothing retailer saw a good performance over the Christmas period, the company said.

The retailer, whose brands include Simply Be and Jacamo, cut its full-year product gross margin outlook to negative 75 basis points to flat from its earlier estimate of negative 25 basis points to 50 basis points.

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The company said online sales rose 13 per​ ​cent during the quarter, with 75 per​ ​cent of new customer demand generated online.

Online sales now represent about 66 per​ ​cent of N Brown's sales compared with 58 per​ ​cent last year.

The company said like-for-like revenue rose 4.1 per​ ​cent in the 18 weeks ended Jan​uary​ 2. N Brown had warned on full-year profit in March after a challenging autumn season.