Moss Bros is launching one-to-one in-store appointments as it starts to open its shops again this month. The move will help it "style customers in a way that will give them confidence and security," it said.
A Moss Bros shareholder has reacted angrily to Brigadier Acquisition Co's attempt to get out of its deal to buy Moss Bros after Covid-19 dented its prospects. It's also unclear whether the cancellation would be allowed.
It looks like the company that was planning to take over Moss Bros is getting cold feet with Brigadier Acquisition (which owns Crew Clothing) having applied to the UK's takeover panel to let its 22p a share offer lapse.
The menswear retailer said on Tuesday that it was delaying the release of its full-year results until late July due to the coronavirus outbreak. It had previously planned to publish its accounts in late May.
Thursday’s decision by Next to close its online retail operation temporarily could be a tipping point, an analyst said, with more retailers likely to follow suit as they respond to worker concerns over social distancing.