Jacamo and JD Williams owner N Brown is back in black thanks to cost-cutting | City & Business | Finance
Specialist online fashion group N Brown, owner of brands like Jacamo, JD Williams and Simply Be, has returned to profit despite lower sales thanks to cost cutting.
It said that for the 52 weeks to March 2, it made a pre-tax profit of £5.3million on revenues of £600.9million. That compares with the £71.1million loss it registered for the preceding period, which was driven by a combination of write-offs and litigation costs, on revenues of £677.5million.
Despite its return to profit, N Brown…