(Sharecast News) - Clothing retailer N Brown said on Tuesday that chief financial officer Rachel Izzard plans to step down.

She will be leaving the group to take up a career opportunity outside of the online fashion and consumer credit industry.

N Brown said the process to identify Izzard's successor is underway. She has agreed to work her 12-month notice period whilst a successor is identified and a further announcement will be made in due course, it added.