Moss Bros to open new shops as sales climb up for suits retailer MOSS BROS Suits retailer Moss Bros has revealed plans for new shops after the retailer said trade had been boosted after it launched a range of casual clothes. The men’s formalwear chain, which hosts an estate of around 100 stores, reported a £93.1m turnover for the year to January. This was compared to pre-pandemic turnover of £128.3m, [...]
Moss Bros calls on KPMG to help with restructuring plans Moss Bros calls on KPMG to help with restructuring plans Menswear retailer Moss Bros is heading towards a restructuring that could result in the closure of some of its stores and rent reductions on others. Moss Bros has reportedly called in KPMG, according to the Sunday Times, which could pave the way for a company voluntary arrangement (CVA). A CVA allows companies to settle debts [...]