Clothing hire and retailer Moss Bros (LON: MOSB) is expected to make a small interim loss before the effects of any recent changes in accounting regulations.
The strategy is to increase retail sales as hire revenues dip. Online revenues are expected to grow strongly, and online penetration could rise above 15% for the first time. There should also be like-for-like growth in store sales.
Tailor Me is a growth area and in the first 15 weeks of this year its sales were one-third higher. A standalone website for Tailor Me will be launched, where customers can chose their suit and then go to...
