300
Fashion Jobs
L'OREAL GROUP
Assistant CRM Manager
Permanent · HONG KONG
L'OREAL GROUP
Key Account Manager
Permanent · HONG KONG
H&M
Total Rewards Manager, Supply Chain
Permanent · TSIM SHA TSUI
H&M
Accounts Specialist
Permanent · TSIM SHA TSUI
ESTÉE LAUDER COMPANIES
Assistant Demand Planning Manager
Permanent · HONG KONG
ESTÉE LAUDER - BRAND
Retail Marketing Manager, Estée Lauder
Permanent · HONG KONG
CLINIQUE
Assistant Education Manager, Clinique
Permanent · HONG KONG
CLINIQUE
Senior Marketing Manager, Clinique
Permanent · HONG KONG
TOMMY HILFIGER
Senior Manager, Creative Services, Tommy Hilfiger Asia Pacific
Permanent · HONG KONG
AESOP
Retail Consultant
Permanent · SHA TIN
NEWELL
Senior Manager, Indirect Sourcing
Permanent · HONG KONG
L'OREAL GROUP
Group Product Manager
Permanent · HONG KONG
ADIDAS
Senior Manager, Materials Availability Management
Permanent · HONG KONG
L'OREAL GROUP
Assistant Purchasing Manager (Marketing, Digital IT)
Permanent · HONG KONG
PUMA
Manager Innovation Technical Apparel
Permanent · HONG KONG
DR. MARTENS
Head of Financial Accounting, Apac
Permanent · TSIM SHA TSUI
TJX COMPANIES
Director of Sourcing, Apparel -Hong Kong
Permanent · HONG KONG
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Hysan Place
Permanent · CAUSEWAY BAY
A & F
Hollister CO. - Brand Representative (Part-Time / Full-Time), Yoho Mall
Permanent · HONG KONG
A & F
Abercrombie & Fitch - Brand Representative (Part-Time / Full-Time), Harbour City
Permanent · TSIM SHA TSUI
KERING EYEWEAR
Kering Eyewear Assistant Trade Marketing Manager Travel Retail
Permanent · HONG KONG
JAEGER
Training Manager
Permanent · HONG KONG
Published
Jan 30, 2023
Download
Download the article
Print
Text size

Frasers Group is now N Brown's second-biggest shareholder

Published
Jan 30, 2023

Frasers Group has dramatically upped its stake in N Brown, now holding a 17.88% share of the business, according to filings with the London Stock Exchange.


JD Williams


The owner of Sports Direct, Flannels and an ever-growing list of fashion brands becomes the online fashion retailer’s second-largest shareholder behind Lord David Alliance, who acquired the group in 1968.

The latest investment becomes its third in N Brown since October 2022 when the highly acqusitive group first took a 4.54% stake in the Simply Be, JD Williams and Jacamo owner. It then raised its stake in November to 5.04% after the firm had warned the cost-of-living crisis would continue to hit its sales.

Earlier this month, N Brown said sales fell to £249.2 million in the 18 weeks to the 31 December amid a “difficult trading environment”. Sales for its JD Williams, Simply Be and Jacamo brands fell 5.5% to £120.9 million and sales for its heritage brands including Home Essentials and Fashion World plummeted 17.6% to £45.5 million.

In a statement to the London Stock Exchange, N Brown said the "well-documented cost of living pressures continued to impact our customers" during its third quarter.

Copyright © 2024 FashionNetwork.com All rights reserved.