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Birmingham Post
Birmingham Post
Business
Jon Robinson

Shares in N Brown continue to rise as Mike Ashley's Frasers Group circles

N Brown Frasers Group Jacamo JD Williams Simply Be

Shares in fashion giant N Brown are now worth more than they have been in almost a year following the recent investment from Mike Ashley's Frasers Group.

The rise was sparked by the owner of Sports Direct and House of Fraser significantly upping its stake in the Manchester-headquartered group on Friday, January 27.

Since then, shares in N Brown have jumped from 30.4p to 39.5p, their highest since February 16 last year.

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