
Ted Baker's loss is Moss Bros’s gain as the latter company announced on Tuesday that it has named Bill Adams as its new chief financial officer.
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Ted Baker's loss is Moss Bros’s gain as the latter company announced on Tuesday that it has named Bill Adams as its new chief financial officer.
Moss Bros opened its half-year results statement on Tuesday with a piece of good news, saying that its physical shops returned to like-for-like growth in the 26 weeks ended July 27.
Moss Bros management was upbeat on Wednesday with a trading update showing a sales increase and key-area advances, even though it's too early to call out a full recovery for the menswear specialist.
Colin Porter is set to leave his role as CEO of Joules before the end of its 2020 financial year. The announcement comes soon after the news that he will become chairman of Moss Bros to succeed Debbie Hewitt in May.
Moss Bros had a tough year in 2018 and reported its first loss for some time. But the new period has started more strongly and the company's online performance is accelerating.
Colin Porter, the chief executive of country-inspired clothing brand Joules, will become chairman of Moss Bros in May following Debbie Hewitt's retirement.
Moss Bros is on the lookout for a new chair to replace the outgoing Debbie Hewitt and Terry Duddy is on the shortlist, according to reports.
Klarna, the Swedish payments specialist has a new minority investor - rapper Snoop Dogg via his Casa Verde Capital fund. The company has also just unveiled a new marketing campaign starring the celebrity.
Moss Bros hasn’t had an easy time of it lately but while that meant we might have expected further pain in what has been a very difficult season for the fashion sector, its trading update on Friday wasn’t that bad.
Menswear specialist Greenwoods has become the latest traditional retailer to go under as UK fashion retail goes through a transformational phase and also deals with the impact of the forthcoming Brexit.