Moss Bros sells Hugo Boss franchise

Moss Bros today agreed to sell its 15-strong Hugo Boss franchise stores back to the fashion giant for £16.5m in order to concentrate on its own brands.

Moss has held the franchise since 1995, with stores selling include Regent Street, Bond Street, Brent Cross and two in the City.

Chief executive Brian Brick said that Moss Bros would continue to sell Hugo Boss suits in its own stores.