Moss Bros sales fall amid ‘challenging’ marketplace

Moss Bros

Moss Bros has hailed “good progress” with its strategy despite a fall in sales during the second half of its financial year.

The formal menswear specialist posted a 3.2% drop in like-for-like sales during the 24 weeks to January 11. Total sales fell 3%.

Moss Bros’ retail sales, including its ecommerce and wholesale channels, dropped 1.8% on a like-for-like basis and 1.6% in total terms.

Online sales dipped 0.4%, while hire sales, which now account for less than 8% of Moss Bros’ overall revenues, slumped 17.7% on a like-for-like basis.

Moss Bros said new hire services “may be offered to address the challenges” faced by that channel. It hopes to update the market with its plans during the first half of its 2020/21 fiscal year.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.