Moss Bros, the men’s clothing retailer, has reported a decent set of sales figures in an interim management statement this morning. Like-for-like sales for the 45 weeks to December 8 are up 4.9pc while for the first 19 weeks of its second half they are up 3.75pc.
Gross margins are said to have improved as raw material costs have declined.
An interim management statement from Punch Taverns, the indebted pub group, reveals net income in its core estate is down 5pc on a like-for-like basis. The company says it trading comparatives are “much more challenging” in the first half of the year.
Ten Alps, the production company founded in 1999 by Bob Geldof among others and whose recent programmes include The Story of the Supremes, has published less than supreme interim results.
Revenue is down from £20.8m to £17.1m and the company has posted an operating loss of £1.52m versus a loss of £740,000 this time last year.
Laura Ashley Holdings has given a brief update today. Total retail sales are up 4.2pc in the 19 weeks to December 8 while like-for-like sales are up 4.9pc. The company’s online sales are up 22.6pc. However, it warned that gross margins are likely to be “marginally” lower than last year