Suiting company Moss Bros has made a return to the black, seeing profitsrise for the first time since 2008.
The company paid a dividend after it saw sales of its men's formalwear increase and benefited from closing its Cecil Gee business.
The company launched a bespoke suiting business and is adamant demand for formalwear will stay. In tough economic times the clothes may maketh the man - being well-dressed could forge an impression that may stave off redundancies.
According to the Financial Times, shares trade on over 32 times forecast earnings.