Buy GSK (GSK) by Jim Mellon in MoneyWeek CLOSED

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  • Performance

    15.44%

  • Price at start

    1,415.50p

    (mid)

  • Price at close

    1,634.00p

    (mid)

  • Tip made

    13/04/2012

  • Tip Status

    Closed

    13/04/2015

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Tip Notes

Moss Bros is in year three of a turnaround under the impressive stewardship of Brian Brick. He has brought the business back to its core, dumping the fashion brands and refocusing on formal menswear. He has also reinvigorated all aspects of customer service by reevaluating product range, pricing, delivery and the store environment. Managers have been replaced and the cultural mindset overhauled. This process has freed up cash which has enabled him to fund store refurbishment. As a result the business in now profitable for the first time in many years and has a strong balance sheet to support its growth.\\nMarina Bond

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