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News - 26 January 2007
Home shopping is big news for big ladies
Home shopping group N Brown, which caters mainly for larger ladies, has turned in a fat profit once again this year. As a consequence shares have leapt 19p to 304p.
Home shopping sales in the 21 weeks to January were up 10.8% and the company is on course to achieve its ambitious target of £64 million profit for the year to February.
N Brown primarily targets women between 40 and 65 but there is a real growth opportunity in the male market with sales to men increasing by 9% to £18 million this year.
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