N Brown prepares for slowing cash collection

N Brown (BWNG) shares jumped by almost a third after the online fashion retailer announced that its trading levels have improved following a sharp collapse in March. N Brown’s home and gift sales are up 74 per cent in the past six weeks, having been supported by the launch of its new Home Essentials brand in April. Overall product sales for the period are down 25 per cent, with N Brown’s apparel sales falling 48 per cent as consumers continue to shun its online shops during the coronavirus pandemic.