Retail news
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Ocado Christmas sales boosted by own-labels
- Posted:
- 12 January 2012 10:33
Online grocer has said that Christmas trading was "encouraging", in a rare good-news story for retail sales in January. In the seven trading days to Christmas, gross sales were up 23.8% from 2010 at £18.7 million, with customer orders up 21.8% on 2010, boosted by an 88% rise in own-label ...read more
Supergroup sales soar
- Posted:
- 11 January 2012 10:16
The owner of the Superdry fashion label put previous stock issues behind it today as the retailer reported strong sales in the run up to Christmas. Shares in SuperGroup increased after it revealed like-for-like retail sales were ahead 5.8% in the nine weeks to January 1st and up 9.3% in ...read more
Blacks Leisure is sold to JD Sports
- Posted:
- 10 January 2012 09:59
Sportswear firm JD Sports Fashion has bought Blacks Leisure out of administration for £20 million.JD Sports bought the 290 stores, including both the Blacks and Millets names and the bulk of the rest of the business immediately after Blacks Leisure was put into administration.JD Sports, whose largest shareholder is Berghaus ...read more
Bidders circle as Blacks calls in administrators
- Posted:
- 06 January 2012 10:01
Stricken retailer Blacks Leisure confirmed today it will go into administration but said it still hopes most of the business will be salvaged by buyers.The company, which runs 98 Blacks outlets and 208 Millets stores and employs some 3,600 staff, admitted it has failed to find an outright buyer after ...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
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