Koovs reported a better set of results for the first half as it sold more full-price product and boosted brand awareness. But profits remain elusive and the company must close a funding round to generate marketing cash.
Last week retail N Brown said it was forging more partnerships with e-tailers for its brands and on Monday Koovs, the AIM-listed India-focused e-commerce business, said it would start selling N Brown’s Simply Be offer.
N Brown was upbeat Tuesday as its womenswear and plus-size brands powered on, despite a weak environment, and its online operations soared. But its US business is a work in progress and will get more marketing spend.
Nice, a provider of cloud and software solutions, has announced that N Brown Group, an online fashion retailer, is expanding its customer feedback analysis solution to improve its customer experience insights.
British home-shopping group N Brown met forecasts with a 2.6 percent rise in 2012-13 profit, as it sold more goods online and benefited from customer recruitment initiatives and an improved product offering.