12/12/2012 N Brown Group plc celebrates their 40-year anniversary of being quoted on the London Stock Exchange
The London markets were today opened by Lord Alliance of Manchester CBE to celebrate N Brown Group's 40 year anniversary of being quoted on the London Stock Exchange.
N Brown Group has been transformed from a small mail order company with a turnover under £9m in 1972 to one of the leading online and home shopping retailers with revenues of £753m and operating profit of £102m in 2012.
The group now has a portfolio of brands specialising in clothing, footwear and home products, including JD Williams, Simply Be, Ambrose Wilson, Jacamo, Fashion World, Marisota, Fifty Plus, Figleaves, High & Mighty and House of Bath.
Lord Alliance was Chairman of the group throughout this period until he handed over to Andrew Higginson on 1 September this year, and there have only been three managing directors of the home shopping business since the company was listed, Douglas Hand, Jim Martin and Alan White. However, like all successful companies the credit for the growth over such a long period belongs to the staff of the business who have skilfully managed the development of the business through the whole range of economic conditions.