Clothing retailer N Brown ended today with its shares down 5.51 per cent, the FTSE's second biggest laggard, despite strong revenue gains from its plus-size ladieswear brands.
Simply Be saw its revenue rocket by 21 per cent, while JD Williams increased at a more modest 12.1 per cent.
Men’s clothing label Jacamo, which has collaborated with former England cricketer Freddie Flintoff, boosted its revenues by 6.7 per cent.
"We made significant ladieswear market share gains against what remains a subdued consumer backdrop. In line with other retailers, FX rates represent a headwind and this was particularly felt this half," said Angela Spindler, N Brown's chief executive.
“Our transformation into a flexible, online retailer continues to benefit all aspects of our business."
Although group revenue was up 5.6 per cent for the first half of 2017, to £453.4m, margins were hit by currency exchange difficulties.
Profits exceeded analysts’ consensus estimates, but Peel Hunt reiterated its “hold” rating saying it was “time to prove that the business can deliver a return to sustainable earnings growth”.
N Brown said it would focus on gaining share in the UK, international expansion, and developing partnerships.
Today it annoucned partnerships with Amazon Fashion for Simply Be and Jacamo, Namshi for Simply Be and Debenhams for Jacamo to sell capsule collections online.