N Brown Group issues profit warning after “challenging” period

// N Brown has slashed its profit forecasts for the year
// It expects its full-year adjusted profit before tax to be in the range of £70m to £72m
// Product revenue dropped 4% in the 18 weeks to January 4N Brown Group has issued a profit warning after enduring tough trading in the market which has seen its revenue decline.
The retail group which owns Simply Be, Jacamo, Ambrose Wilson and JD Williams, has slashed its profit forecasts for the year.
N Brown now expects its full-year ad