N Brown swings to £57.5m loss in 2018

Online retailer N Brown Group has reported losses before tax of £57.5m for the year ending 2 March 2019, up from the loss of £16.2m recorded the previous year.
According to the group, the statutory loss before tax reflects “exceptional costs”, largely relating to legacy issues. Additionally, group revenue decreased by 0.8% to £914.4m compared with £922.2 during the previous period.