Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).


For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.


We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.


In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.


We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.


We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.


The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.


Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.


Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.


If you want more information or have any questions or comments relating to our privacy policy please email [email protected] in the first instance.

 Information  X 
Enter a valid email address

Moss Bros Group (MOSB)

  Print      Mail a friend

Friday 20 May, 2016

Moss Bros Group

AGM Statement

RNS Number : 7917Y
Moss Bros Group PLC
20 May 2016


AGM Trading Update

20 May 2016


Moss Bros Group PLC ("the Group") the first choice in men's tailoring, today issues the following trading update for the 15 week period from 31 January 2016 to 14 May 2016, ahead of its Annual General Meeting to be held at 12.00 noon today.


The Group's overall trading performance has shown further improvement on the prior year, in line with market expectations. Strong retail sales have underpinned this good performance and Hire continues to show positive growth on the prior year.




·    Total sales for the continuing business for the first 15 weeks increased by 3.3% on last year; like-for-like sales were up 5.0% for the same period.


·     Like-for-like retail sales, including e-commerce, were up 5.1% with the new season's ranges performing  well.  Like-for-like hire sales were up 4.7%, continuing the encouraging trend for 2016 bookings.


·    Like-for-like retail gross margins were very strong, up 430 basis points on the previous year, an acceleration of the improvement achieved in 2015/16, and boosted by the decision not to run a mid- season sale during the period.  Like for like retail gross profit increased by 13.9% on last year, in cash terms.


·     E-commerce sales continued to increase, up 9.7% on last year, driven by the ongoing development of the Retail and Hire websites. Total e-commerce sales now comprise 10.7% of total sales for the 15 weeks to date compared with 10.0% for the same period last year.  Conversion rates and average order values achieved further improvement.


·     A further 3 stores have been refitted and one new store opened so far this year, bringing the total number of stores trading in the new format to 85 out of a total portfolio of 124 stores. The new format stores continue to trade ahead of non-refitted stores and are on track to achieve their anticipated payback targets.


The business continues to make good progress on its key strategic objectives and the Board is confident that the business will meet market expectations for the year.


Commenting on the outlook, Brian Brick, Chief Executive Officer, said:

"We are pleased with our progress.  Retail sales and margins have shown further improvement, boosted by the ongoing improvement in our customer offer and the improvement in our store and online environments.  The strength of our core offer meant that we were able to trade through the period without running a mid-season sale, which significantly enhanced gross margins in the period.  Hire sales continue to show improvement and e-commerce sales in the first 15 weeks of the year have also grown, reflecting our investment in systems and infrastructure.  This has been another good period of progress for Moss Bros and we remain confident about our growth prospects."


The Group will announce its Interim Results on 28 September 2016.


Like-for-like represents financial information for stores open during both the current and prior financial periods and compares 15 weeks against 15 weeks, except for stores refitted in the period, where the period closed for refit is excluded from both the current and prior financial periods. Like-for-like Hire sales are calculated on cash receipts in the period, before adjustment for the movement in the level of hire deposits held.



For further information please contact:

Moss Bros Group Plc                                                                                                0207 447 7200

Brian Brick, Chief Executive Officer

Robin Piggott, Finance Director and Company Secretary                           

Buchanan                                                                                                                   0207 466 5000

Charles Ryland/Victoria Watkins                                                                   


This information is provided by RNS
The company news service from the London Stock Exchange

a d v e r t i s e m e n t