Tag : Moss Bros
Moss Bros sales fallSubscription
Total sales at Moss Bros for the 24 weeks to 11 January fell 3% year on year, while like-for-like sales were down 3.2%.
Moss Bros quashes credit insurance rumoursSubscription
Moss Bros has strongly refuted claims that it is having issues with its credit insurance, pointing out that it has £18m of cash on its balance sheet.
Up close: the Moss Bros eco-suitSubscription
Featuring recycled polyester, natural buttons, and non-toxic suit bags, men’s tailoring retailer Moss Bros has launched its first “eco” suit.
Moss Bros revenues edge up Subscription
Rising store sales and online growth helped revenues at men’s tailoring retailer Moss Bros to edge up 1.4% to £65.4m for the 26 weeks to 27 July 2019. However, losses grew and margins took a hit.
Board changes at Moss Bros Subscription
Men’s tailoring specialist Moss Bros has appointed Avis Darzins as a non-executive director, joining on 1 September.
The retail industry has called for the chancellor to urgently review business rates to maintain the UK’s competitive position in the international market, as vacancy rates hit a four-year high and a no-deal Brexit looms on the horizon.
Activist investor buys stake in Moss BrosSubscription
Gatemore Capital Management has bought a 10% stake in men’s formalwear retailer Moss Bros.
A substantial 18.7% growth in ecommerce sales helped Moss Bros’ most recent overall sales for the 15 weeks to 11 May remain buoyant. Drapers spoke to head of ecommerce Matthew Henton to find out how he is going to sustain the growth driving Moss Bros’ balance sheet.
Making the leap to a unified customer experienceSubscription
At an expert panel discussion at Drapers Digital Festival, Matt Henton, head of ecommerce at Moss Bros, Randa Crebbin, global head of ecommerce at La Perla, and Rob Massa, general manager (EMEA) at BounceX, discussed what it takes to deliver a seamless, channel-agnostic customer experience.
Sales edge up at Moss BrosSubscription
Total sales at Moss Bros edged up 1.5% year on year for the 15 weeks to 11 May, driven by online and full-price sales.
CEO Colin Porter to retire from JoulesSubscription
British lifestyle brand Joules has announced that its chief executive Colin Porter will retire before the end of 2020, after eight years in the business.
Menswear chain Moss Bros has reported a full-year loss following what it described as an “extremely challenging year on many fronts”.
Debbie Hewitt: the consummate retail leader Subscription
Debbie Hewitt’s varied career and wide range of experience give her unique insight into what it takes to lead fashion retailers through troubled times.
2019: a make-or-break year for fashion retailSubscription
Administrations, poor Christmas trading and gloomy predictions marked the start of 2019. Is this year shaping up to be even worse than the disastrous 2018?
Why Moss Bros is banking on ‘pay later’Subscription
Moss Bros is hoping its new “pay later” option will boost sales over the peak trading period.
Moss Bros announces partnership with KlarnaSubscription
Moss Bros has partnered with payment provider Klarna to let shoppers buy first and pay later.
Retailer profit warnings double in a year Subscription
The number of profit warnings by FTSE-listed retailers has doubled over the past year as the sector battles reduced spending.
Moss Bros sales slip Subscription
Like-for-like at Moss Bros for the 15 weeks to 28 January fell 5.2% compared with the same period in 2017, as stock shortages at the retailer continued to bite.
Fashion retail's gender pay gap: the next stepsSubscription
What does the gender pay gap data really tell us about inequality in the fashion industry?
Moss Bros CEO: Profit warnings are “a blip”Subscription
Moss Bros chief executive Brian Brick has labelled its recent profit warnings as “a blip”, as the retailer seeks to move on from its “self-inflicted” stock problems.
Moss Bros suffered from “a tough end to the year” in 2017 but saw revenues rise, despite seeing “self-inflicted stock problems and a fragile consumer environment”.
Moss Bros has issued a profit warning and slashed dividends ahead of its full-year update next week after encountering stock problems.
Spring sales stutter in face of consumer cautionSubscription
Tough trading has continued on the high street as shoppers are yet to embrace new-season spring collections, retail bosses said this week.
Moss Bros warns on profits as footfall slumpsSubscription
Moss Bros has warned that its full-year profit is likely to fall short of market expectations following disappointing footfall during December.
Position last year: 33
Moss Bros chairman: ‘X-Factor saved our bacon’Subscription
Debbie Hewitt, chairman of Moss Bros, spoke to delegates at the Drapers Fashion Forum about the boost to suit sales from boybands, and how the demise of some of the UK’s menswear retailers has benefited the business.
Moss Bros axes COO roleSubscription
Menswear retailer Moss Bros has shed the chief operating officer position, it has emerged.
Profits climb at Moss Bros Subscription
Pre-tax profits at Moss Bros climbed 15.7% to £4.2m in the 26 weeks to 29 July, as the menswear retailer continued to invest in its store estate and custom tailoring services.
Generation Z: capturing a £16.5bn marketSubscription
Young shoppers demand authenticity and constant newness – and the brands that deliver it are reaping the rewards.
Sales at Moss Bros for the 15 weeks to 13 May increased 3.7%, driven by a strong online performance.
Moss Bros will rise to the challenges facing UK retailers in 2017 but the looming Brexit negotiations are a cause for concern because they are “out of our control”, chief executive Brian Brick said today.
Like-for-like sales at menswear retailer Moss Bros rose 5.3% to £131.5m for the 52 weeks to 28 January 2017, as its store modernisation programme nears completion.
Position last year: 42
Sponsored by Clipper
‘Brand perception of Moss Bros is changing,’ says CEO Brian Brick VideoSubscription
A new tailoring service and the collapse of Austin Reed have boosted the brand
The suit business has reported increased sales in both its retail and hire divisions.
Moss Bros's stance on mid-season Sale pays offSubscription
Moss Bros grew like-for-like sales by 5% and increased retail gross margin by 430 basis points for the 15 weeks to May 14, after deciding not to run a mid-season Sale.
Reduced discounting pays off for Moss BrosSubscription
Moss Bros has reported a rise in group like-for-like sales of 8.2% to £119m for the year to January 30, while underlying profit before tax grew 23.1% to £5.9m compared with the previous year.
Retail jobs will change significantly over the next decade, said leaders of some of the UK’s biggest retailers this week, as the British Retail Consortium (BRC) warned that as many as 900,000 roles could disappear by 2025.
The Drapers Interview: Moss Bros’s Brian BrickSubscription
As his seven-year turnaround plan finally comes to fruition, Moss Bros chief executive Brian Brick can taste the fruits of his labour.
Fashion retail’s leading figures get out their crystal balls to predict what this year could have in store for the UK industry.