If you’d invested in: Fishing Republic and N Brown
Rotherham-based Fishing Republic has grown to become the country’s biggest retailer of fishing tackle and angling supplies.
Rotherham-based Fishing Republic (Aim: FISH) opened its first shop in Barnsley in 2005. It has since grown to become the country's biggest retailer of fishing tackle and angling supplies, and now operates ten shops, primarily in the north of England. It is also expanding online, with sales through its own website and via third-party sites, such as Amazon, up by more than 30% last year.
The shares have risen by more than 130% since it floated on Aim in 2015.
N Brown Group (LSE: BWNG) is a clothes, shoes and furniture retailer, based in Manchester. The group trades under several brands, including JD Williams, Jacamo, and Simply Be. Originally a mail-order business, it is slowly transforming itself into a digital retailer, but this has been a difficult process. Pre-tax profit fell by almost 8% in the year to the end of February, and the share price has slid almost 30% in the last year.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
Ben studied modern languages at London University's Queen Mary College. After dabbling unhappily in local government finance for a while, he went to work for The Scotsman newspaper in Edinburgh. The launch of the paper's website, scotsman.com, in the early years of the dotcom craze, saw Ben move online to manage the Business and Motors channels before becoming deputy editor with responsibility for all aspects of online production for The Scotsman, Scotland on Sunday and the Edinburgh Evening News websites, along with the papers' Edinburgh Festivals website.
Ben joined MoneyWeek as website editor in 2008, just as the Great Financial Crisis was brewing. He has written extensively for the website and magazine, with a particular emphasis on alternative finance and fintech, including blockchain and bitcoin.
As an early adopter of bitcoin, Ben bought when the price was under $200, but went on to spend it all on foolish fripperies.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published