Shares in N Brown, the Manchester-headquartered retail group whose brands include Simply Be, JD Williams and Jacamo, have fallen sharply after it warned the cost of living crisis will continue to hit its sales.
The company said that "uncertainty around macroeconomic conditions persists" and that it was second quarter product revenue decline of 9.4% continued into September.
The business added that it is planning on the basis of the "challenging market conditions continuing for longer".
