N Brown Group plc
Trading Statement
2 July 2003
In the first 17 weeks of the current year both group and home shopping turnover is ahead by 2%. Ladieswear and electrical goods continue to perform well but the performance of our menswear and footwear ranges is still disappointing. Our expanded Autumn catalogues, which will feature extended ranges of ladieswear, mens clothing, footwear and home and leisure products, will be launched later in the month in conjunction with a refocused marketing campaign to drive new customer recruitment. Trading conditions remain challenging but, after a slow start, we are satisfied that the group is making progress in line with expectations for the year.
For further information please contact:
N Brown Group plc
Alan White, Chief Executive
Tel: 0161 238 2202
Gavin Anderson & Company
Neil Bennett / Louisa Hollins
Tel: 020 7554 1400