Moss Bros have announced that their first fifteen weeks of the financial year has seen a 65% growth in ecommerce trading. With Ecommerce now representing 10% of the group’s total sales. This news comes after earlier announcements this year of sales looking very promising.
The company said total sales in the fifteen weeks from to May 16 rose 6.4%, with like-for-like sales up 7.4%. Like-for-like retail sales, including its e-commerce channel, rose 7.6%, while like-for-like hire sales were up 6.4%, which can be attributed to 2015’s wedding boom.
Remarkable.net have worked closely with Moss Bros for over 2 years, developing their UK site as well as their International & Mobile sites too. With many new projects both under-way and planned between the Moss Bros and Remarkable.net teams, we are anticipating this sales growth continues for the remainder of the year (at least!).
Moss Bros Chief executive Brian Brick commented with:
Retail sales and margins have continued to improve, boosted by the increasing contribution from refitted stores and the lower levels of residual stock. Hire sales continue to show the improvement seen earlier in the season and are showing good growth on the prior year. Ecommerce sales in the first 15 weeks of the year continue to grow, reflecting our continuing investment in systems and infrastructure.”