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N Brown revenue up after price cuts

Published 06/07/2011

Catalogue and online shopping group N Brown warned aggressive promotional discounting had cut into profit margins but sales remained buoyant.

The group, which also owns Figleaves and High -amp; Mighty, said price-cutting was necessary to help drive revenue - which increased 1.6% on a like-for-like basis in the 18 weeks to July 2.

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