Poor outlook for N Brown sends shares sliding

It was not the previous financial year's performance, but the outlook that caused investors to call time-out on fashion retailer N Brown (BWNG), sending its shares down 13 per cent in early trading. With sales for the February 2017 year-end expected to be "subdued" and gross margins forecast to decrease by 50 to 150 basis points, we can hardly blame investors for jumping ship.

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