Good Trading, New Directors Boost Moss Bros Recovery ; Retail

Summary

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The recovery hopes of menswear retailer Moss Bros were boosted yesterday after it unveiled steady trading and the appointment of two new directors.

Don McCarthy, the executive chairman of House of Fraser, is one of two boardroom additions approved by Icelandic investment group Baugur, which together with entrepreneur Kevin Stanford owns 28 per cent of the company.

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Extract

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Good Trading, New Directors Boost Moss Bros Recovery ; Retail

Moss said recent trading had been steady, with like-for-like retail sales for the first 16 weeks of its financial year ...

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