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N Brown buys lingerie website Figleaves for £11.5m

Home shopping retailer N Brown has bought online lingerie, underwear and swimwear Figleaves for £11.5m. Internet pioneer Figleaves was founded back in 1998, and is forecast to generate a turnover of £23m for the year to June 2010.

It sells more than 100 brands, has over 1.2m visitors to its website each month, and delivers to over 100 countries including the US. N Brown, which is best known for its plus-size and value brands Simply Be, Jacamo and Marisota, says the deal will consolidate its position as the UK's number one online lingerie retailer.

16/06/2010

16/06/2010  |  Full story...

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