Moss Bros has seen its overall sales increase by 2.3 per cent on a like for like basis for the 15 weeks to 13th May. Online sales delivered a 14.7 per cent increase on the same period last year to account for 11.6 per cent of total sales. During the period the retailer had opened two new stores and refitted three stores to its new format.
Brian Brick chief executive said “We continue to be acutely aware of the economic headwinds which we will face for the remainder of the financial year, as input cost increases come into effect. We are also mindful that zero real wage growth will impact on consumer confidence. We will remain agile in our response to these market conditions.”
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