Moss Bros considering closing stores in rescue deal

Moss Bros considering closing stores in rescue deal

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Suit maker Moss Bros, which has 125 stores, is considering shutting shops as part of a rescue plan for the chain.

The firm has been hit by Covid-19 restrictions on big events such as Royal Ascot and large weddings.

As first reported by the Times, it has hired auditors KPMG to prepare it for a company voluntary arrangement, which would allow it to close some shops…

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