Retail news
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Boardwear performance pushes Blacks into the red
- Posted:
- 29 May 2009 09:20
Blacks Leisure Group has gone into the red after its loss-making boardwear operations offset a "sound performance" from its outdoor division.In the year ended February 28th, the group made losses before exceptional items of £6.8 million, compared with a profit of £300,000 a year earlier.The Boardwear division, comprising the Freespirit ...read more
Talk terminate at Blacks
- Posted:
- 27 March 2009 09:22
Black Leisure has terminated its takeover negotiations. In a statement the group said: "On 10 February 2009, Blacks Leisure confirmed that it had received approaches concerning a possible offer for the group. The board of Blacks Leisure can confirm that all discussions relating to these approaches have now been terminated". ...read more
Poor boardwear performance continues to hit Blacks
- Posted:
- 18 March 2009 09:35
Blacks Leisure Group has said that trading since its last update on January 7th is in line with expectations, with the outdoor division trading strongly and its boardwear business continuing to perform poorly. As a result, the company has moved to reduce the impact of the struggling business on the ...read more
Blacks Leisure confirms bid approaches
- Posted:
- 11 February 2009 09:19
Blacks Leisure has confirmed that it has received "approaches concerning a possible offer for the group". One of the approaches is thought to be from Sports Direct founder Mike Ashley who holds a 29.9% stake in the company although this has not been confirmed. The company said discussions were at ...read more
Boardwear drags down profits at Blacks
- Posted:
- 07 January 2009 09:33
Blacks Leisure Group has said that, although its outdoor business is continuing to perform strongly, its boardwear business is diluting this performance and that, as a result, the company expects its operating profits to be below market expectations. In the 18-week Christmas period to January 3rd, which covers the second ...read more
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