(Reuters) - Plus-size fashion retailer N Brown Group Plc (L:BWNG) expects a decline in offline sales to hold back revenue in the short-term, after it posted a 5 percent drop in half-year adjusted pretax profit.
The company said on Thursday that its overall revenue rose 1 percent, but added that product revenue fell more than 3 percent. Margins declined 60 basis points for the six months ended Sept. 1.