21 Jan 2011 10:01

21 January 2011
N Brown Group plc
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Brand Acquisition
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N Brown Group plc, the leading internet and home shopping group, today announces that, for a consideration in cash of £800,000, it has agreed to purchase the 'SLIMMA' and 'SPLENDOUR' brands (and associated intellectual property) from Slimma plc, an AIM listed company, via its subsidiary JD Williams.
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The acquisition secures these brands for use in N Brown's portfolio. SLIMMA is a renowned brand for our JD Williams and Julipa customers on skirts and trousers: SPLENDOUR is a lingerie brand sold through the Figleaves website and also by Simply Be and Fashion World.
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The transaction is conditional upon Slimma plc changing its registered name to CDU plc, for which Slimma plc is seeking shareholder approval.
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-Ends-
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For further information please contact:
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Kreab Gavin Anderson | |
Fergus Wylie / Clotilde Gros / Natalie Biasin | Tel: 020 7074 1800 |
 Website : www.nbrown.co.uk |  |
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