Gatemore acquires 10% stakes in Moss Bros.

Gatemore Capital Management, an independent multi-asset investment firm with a focus on under-researched funds and activism. acquires 10% stakes in Moss Bros, a Brish suit retailer. Financial terms were not disclosed. Moss Brothers have struggled with falling footfall on UK’s high-street and costs related to Britain’s planned exit from the European Union. The company has been affected by the wider downturn in high street fortunes and has struggled to rebuild investor confidence since reporting a full-year loss last September.