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Moss Bros director tops up stake after sales rise

Tue, 23rd Sep 2014 16:39

Zoe Morgan, an independent non-executive director of men's clothing retailer Moss Bros, has together with her husband added 13,280 shares to their existing holding of 50,424.The director paid 93.47p a share for a total spend of £12,413.The deal was made on Monday, the same day the company reported a drop-off in summer hire sales, although the group's overall sales were looking up. Moss Bros said hire bookings for the 2014 wedding season were behind last year's levels, although the average price achieved on hire continued to improve due to the launch of new premium products such as a Ted Baker morning suit.However, it added that the decline in hire moderated in the second quarter and it expects more improvement in the second half of the year as demand switches from wedding outfits to evening wear.Like-for-like sales in the 26 weeks to 26 July increased 6.4% and total sales of £55.8m rose 4.6% versus last year.Top Director BuysPhaunos Timber Fund Ltd. (PTF) Director name: Mr William VanderfeltAmount purchased: 1,500,000 @ $0.41 Value: $615,000Braveheart Investment Group (BRH) Director name: Mr Trevor Brown Amount purchased: 406,250 @ 14.50p Value: £58,906Hilton Food Group (HFG) Director name: Sir David F NaishAmount purchased: 5,000 @ 433.50p Value: £21,675Vodafone Group (VOD) Director name: Mr Vittario ColaoAmount purchased: 16,568 @ 93.85p Value: £15,549Moss Bros Group (MOSB) Director name: Mrs Zoe MorganAmount purchased: 13,280 @ 93.47p Value: £12,413Top Director SellsNew Europe Property Investments (NEPI) Director name: Mr Alexandru MorarAmount sold: 60,000 @ € 8.11 Value: €486,306Dairy Farm International Holdings Ltd. (Singapore) (DFI) Director name: Mr Michael KokAmount sold: 29,700 @ $9.78 Value: $290,439
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UPDATE 2-Britain's Moss Bros, N Brown deepen retailing malaise

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16 Jan 2020 08:09

UPDATE 1-Retailers Moss Bros, N Brown annual profit falls victim to discounting

(Adds details on discounting, context on industry)Jan 16 (Reuters) - Moss Bros and N Brown warned of poor annual performance after being forced to deeply discount earlier in the year to attract customers, adding to fears that British retailers are...

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16 Jan 2020 07:36

CORRECTED-Moss Bros forecasts full-year loss as rivals' discounts bite

(Corrects headline and first paragraph to say that discounting was done by Moss Bros' rivals, not the company)Jan 16 (Reuters) - Moss Bros Group Plc expects to report an annual pretax loss, as the British suit retailer was hurt by fewer customers ...

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16 Jan 2020 07:36

Moss Bros forecasts full-year loss as discounts take toll

Jan 16 (Reuters) - Moss Bros Group Plc expects to report an annual pretax loss, as the British suit retailer was hurt by fewer customers visiting its stores and it was forced to deeply discount products to attract customers.The company on Thursday...

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8 Jan 2020 09:37

Real Estate Investors Undeterred By Uncertainty As Rental Income Rises

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19 Nov 2019 08:40

Moss Bros Hires Ted Baker Interim Finance Boss Tony Bennett As CFO

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24 Sep 2019 09:11

Moss Bros Interim Loss Widens On One-Off Costs As Launches 'Eco' Suit

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24 Sep 2019 08:55

Moss Bros bins dividend as loss widens

(Sharecast News) - Moss Bros scrapped its interim dividend on Tuesday as it reported a widening of its losses and a drop in gross margin.

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17 Sep 2019 16:12

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30 Jul 2019 14:39

DIRECTOR DEALINGS: New Moss Bros Chair Colin Porter Buys Shares

(Alliance News) - Moss Bros Group PLC said Tuesday freshly-minted Chair Colin Porter bought shares worth GBP99,999 in the suit retailer following a transaction last Friday.Porter - who the

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10 Jun 2019 09:33

Moss Bros rallies as Gatemore Capital takes 9.6% stake

(Sharecast News) - Shares in Moss Bros rallied on Monday as it emerged that Gatemore Capital Management has taken a 9.57% stake in the menswear specialist.

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15 May 2019 10:32

Moss Bros sales rise but hire division remains a disappointment

(Sharecast News) - Menswear retailer Moss Bros posted a small increase in total sales for the first 15 weeks of the year on Wednesday but a dip in like-for-like sales, as it said the performance of the hire division remains disappointing.

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