Moss Bros Group plc highlighted the potential impact of COVID-19 as one of a number of risks to the future performance of the business. The Group has been monitoring its High Street, Factory Outlets, Online and Hire business segments for signs of any financial impact arising from COVID-19. Whilst the initial impact was relatively benign, over the last week company have seen a significant reduction in footfall across retail outlets and in orders in Hire business. As such, the Group has taken the decision to temporarily close all its stores until further notice. The Group recognises that COVID-19 could result in a sharper decline in trading performance if mass gatherings (such as Ascot) are voluntarily cancelled or prohibited.