Moss Bros Confident Despite Slide

The ScotsmanJune 14, 2008

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Summary


MOSS Bros reported a deterioration in sales yesterday, but claimed it was well placed to limit any further downside from the current testing conditions.

The menswear retailer, which announced losses of GBP 1.4 billion in April, said like-for-like sales dipped 1.5 per cent in the first 19 weeks of the current financial year, although this was offset by tighter stock levels.

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Moss Bros Confident Despite Slide

Sales were up 0.9 per cent in the first nine weeks of the year, meaning tra...

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