IN BRIEF: N Brown starts search for new CFO as Rachel Izzard resigns

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N Brown Group PLC - Manchester-based clothing and footwear retailer - Rachel Izzard resigns as chief financial officer ‘to take up a career opportunity outside of the online fashion and consumer credit industry’, company says. Izzard will work her 12 month notice, and N Brown has started to look for her successor. Last month, N Brown reported pretax profit of £7.2 million in the six months that ended August 28, down 75% from the £28.4 million a year before, pointing to challenging market conditions.

Current stock price: 22.05 pence, down 4.4% on Tuesday in London

12-month change: down 44%

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