Moss Bross has posted a marked increase in its revenues for the year to March 2023 – £151.6m which is up from last year’s £93.1m. EBITDA also rose by 112 per cent to reach £36m. The business had benefited from a greater focus on casual wear and had opened five new stores during the year.
It will now be dropping the Bros from its website as well as relocating some of its stores and will continue to develop its use of online marketplaces.
CEO Brian Brick said: “Our omnichannel approach ensures a continued focus on stores backed with a strong online offering. This has been enhanced with the opening of new stores and our expansion onto online digital marketplaces.”
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