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Suit specialist Moss Bros' comparable sales rise 7.8 pct

Thu, 11th Dec 2014 07:25

Dec 11 (Reuters) - British suit specialist Moss Bros GroupPlc reported a 7.8 percent rise in comparable sales forthe first 19 weeks of the second half and said it was confidentof full-year outlook.

Retail sales, which account for about 85 percent of grouprevenue, benefited from the new sub brands launched for theautumn season and trading from refurbished stores, the companysaid in a statement.

Moss Bros, which operates 131 stores, revamped 14 stores inthis financial year as part of its five-year refurbishmentprogramme launched two years ago.

The company sells and hires out formal clothing in the UKthrough its Moss Bros, Moss, Moss Bros Hire and Savoy TaylorsGuild brands. (Reporting by Aastha Agnihotri in Bengaluru; Editing byGopakumar Warrier)

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Moss Bros Outlook Confident Despite Decline In Sales In Second Half

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16 Jan 2020 08:09

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

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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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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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