UK: Outlook Uncertain At Men’s Wear Retailer Moss Bros
In a statement echoing one issued at the beginning of October, men's wear retailer and hire shop Moss Bros has warned that its new look stores and ranges will take longer than expected to produce profitable results. A sharp fall in demand since September 11, the failure of desperate price cutting measures, and uncertainty in the run-up to Christmas have all forced the company to warn that it will fall deeper into the red than expected.