Moss Bros prepares to cut costs

Menswear retailer Moss Bros said it was slashing costs across the business as it braces itself for a consumer spending slump after next month's Government spending cuts. The group confirmed a "comprehensive review" of its cost base was under way to simplify the business and help it weather wider economic conditions.
News of its overhaul came as the group posted wider interim pre-tax losses of £3.3 million against £3 million a year earlier... read more

The Appointment
Sept 10