GENERAL MERCHANDISE NEWS
Moss Bross on track for further growth
26 May, 2005 | by Retail Bulletin
Sales increase suits menswear retailer
Moss Bros expects further sales growth this year despite the tough Uk retail market, building on a good start to the financial year.
In a statement to the group’s annual meeting, Moss Bros chairman Keith Hamill reported a like-for-like increase of 4 per cent in the first 16 weeks of the current financial year. Gross margin also continues to improve, up 1 percentage point.
Hamill said: “The board remains confident that the company will continue to make further progress in the current year.”