N Brown posts record results
Home shopping company N Brown yesterday smashed analysts’ forecasts, reporting a 13 per cent jump in pre-tax profits. The group said profits rose to £41.8m in the 26 weeks to August, ahead of analysts’ £38.1m expectations. Chief executive Alan White yesterday said the group could enter the potentially lucrative United States market next year. The possible move into the US follows the success of a trial in Germany.