News

Shares of Moss Bros soared to an eight-year high in London trading after the suit hire and retailer unexpectedly said it will boost its dividend.

Jones steps down as Pinsent joins JJB board

Sir David Jones is to step down as the executive chairman of JJB Sports, the sports equipment retailer he saved from collapse last year, because of continuing problems with his health.

James Thompson: After festive cheer, retailing faces a hard slog in 2010

Each December for the past two years, Moss Bros has issued a profits warning. Yesterday, the branded suit specialist offered a much more upbeat announcement, saying that its underlying sales for the 18 weeks to 5 December had shot up by 5.5 per cent, while its margins had also risen.

Investment Column: Compass Group shares set to go north

Our view: Buy

Primark hires international trading chief

The discount clothing giant Primark has hired a former Marks & Spencer director to be its new international trading chief, as it ramps up its international expansion.

Moss Bros eyes 40 new shops in 'buyer's market'

Moss Bros, the men's branded suit specialist, has revealed ambitious plans to grow its store numbers by nearly 40 per cent as it seeks to take advantage of a soft retail property market during the economic downturn.

Moss Bros sinks to £9m loss but suit sales rebound

Moss Bros, the branded suit specialist, posted a widening loss of £9m in the year to the end of January, but said suit sales had rebounded recently as British office workers smarten up during the recession.

Retail sales grow at slowest rate for 14 years

Smaller retailers are being hit hardest by the recession, according to the latest official data, which shows that UK retail sales last month grew at the slowest rate since September 1995.

Mountford leaves Moss Bros

Philip Mountford, the chief executive of Moss Bros, is to leave the mens suit retailer on 31 January after nearly five years at the helm.

Mountford set to leave Moss Bros

Speculation is mounting that Philip Mountford, the chief executive of Moss Bros, is poised to leave the mens branded suit specialist.

Green makes a quick £1m on Moss Bros sale

Sir Philip Green has pocketed a £1m windfall by offloading his stake in the beleaguered suit company Moss Bros, just two weeks after buying it.

Green drops plans to bid for Moss Bros

Moss Bros lost more than a third of its market value yesterday after the tycoon Sir Philip Green said he had no plans to launch a takeover bid for the menswear retailer and suit hire group.

Green aims for Baugur assets by taking stake in Moss Bros

Unexpected swoop on 28% stake fuels speculation of takeover of retailer

Green edges closer to Baugur takeover

Retail billionaire Sir Philip Green edged closer to a deal to buy the debts of Icelandic investor Baugur, a once- powerful predator that acquired a string of famous brands.

Investment Column: Slowdown leaves Moss Bros on the rack

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