Retail news
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Sports Direct withdraws Blacks Leisure interest
- Posted:
- 16 December 2011 10:40
Blacks Leisure's hopes of staving off collapse were dealt a blow today when its biggest shareholder Sports Direct withdrew its interest in buying the UK's biggest outdoor retailer.The stricken firm, which owns 98 Blacks outlets, 208 Millets stores and the Peter Storm and Eurohike brands, put itself up for sale ...read more
Sports Direct trading improves
- Posted:
- 15 December 2011 09:57
Newcastle United owner Mike Ashley is being lined up for a £12 million shares windfall after his Sports Direct chain reported more robust trading today.The group, which has 397 stores and owns brands including Slazenger, Donnay and Karrimor, said underlying earnings rose 2% to £139.2 million in the 26 weeks ...read more
Harry Potter theme park planned for Hollywood
- Posted:
- 02 December 2011 09:42
Comcast is in the final stages of a deal to bring Harry Potter's magic to life in Hollywood, with the construction of an amusement park themed on the J.K. Rowling's boy wizard.The owner of Universal Studios will announce before the year's end that it will build a version of The ...read more
Black Leisure in profits warning
- Posted:
- 25 November 2011 10:05
Blacks Leisure today warned full-year profits would be lower than expected as the gloom on the high street continued to heap pressure on the outdoor clothing group.Blacks Leisure, which owns the Blacks and Millets brands, said sales had been lower than expected in the last few weeks, prompting the group ...read more
Blacks Leisure sees losses double
- Posted:
- 27 October 2011 10:39
Outdoors equipment group Blacks Leisure has revealed that losses plunged by more than double in the six months to August 27th.In its half-yearly results, the company said that losses before tax from continuing operations was £16.0 million, down from £7.2 million in 2011.Meanwhile, like-for-like sales declined by 7.2% to £81.1 ...read more
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