Moss Bros' sales boost driven by ecommerce
Menswear retailer Moss Bros has recorded a sales rise despite facing tough trading conditions.
Moss Bros said total sales in the first 15 weeks of its financial year rose 1.5% year on year and like-for-likes edged down 0.2%.
Like-for-like retail sales, including ecommerce, were up 2.2%, “reflecting a strong ecommerce performance alongside positive momentum in high street stores”.
Ecommerce sales rose 18.7% on last year to account for 15.5% of total revenues versus 13% a year ago.
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