N. Brown buys High and Mighty

11th Sep 2009 07:16

Home shopping specialist N. Brown has acquired certain assets of High and Mighty from the administrator.The company has bought the brand, web site and the assets of 14 High and Mighty stores in the UK for £1.6m in cash.The assets purchased generated sales of more than £8m in the year to 31 January 2009.High and Mighty is a retailer specialising in providing clothes for tall or larger than average men. N. Brown said the acquisition complies with its strategy of focusing on niche products and customers.‘The board of N. Brown believes there is an excellent opportunity to create a multi-channel retail business with this brand comprising a portfolio of stores in major cities complemented by the reintroduction of catalogues and the development of the online offer,’ a company statement said.