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More boardroom changes at Blacks
- Posted:
- 16 September 2011 11:54
Blacks Leisure has announced that its finance director Marc Lombardo has resigned.Mr Lombardo will remain in his role for the next three months before leaving the business on December 16th. This is the latest in a series of departures from the outdoor goods retailer, with former chairman David Bernstein pressured ...read more
New Look loses another executive
- Posted:
- 22 August 2011 11:52
New Look's group marketing director Joe Irons has left the company to join Monsoon Accessorize as e-commerce and multi-channel director.His departure comes just three months after Nick Cross, former chief marketing officer at New Look, exited after less than six months in the role. Chief executive Carl McPhail left the ...read more
United mulls biscuit breakup
- Posted:
- 15 August 2011 10:30
The owners of United Biscuits are mulling a plan to split the McVitie's and Jacob's business into two, it has been reported.The Sunday Times said the move would see the biscuit division, which also makes Jaffa Cakes and Penguin biscuits, separated from its crisps and nuts operation, which includes KP, ...read more
Blacks boss bows out in wake of Sports Direct pressure
- Posted:
- 04 August 2011 10:17
David Bernstein has resigned as chairman and as a director of outdoor retailer Blacks Leisure following considerable pressure applied by Mike Ashley's Sports Direct, which owns a 21% stake in Blacks.At the company's AGM on July 27th Mr Bernstein, who is also chairman of the Football Association, received over 78% ...read more
Blacks gains new bank loan
- Posted:
- 15 July 2011 09:40
Outdoor retailer Blacks Leisure has turned to its bank for extra support after a slide in sales caused debt to surge.The group, which has some 300 Blacks and Millets stores, has negotiated a new £40 million banking facility from Bank of Scotland, effectively giving it an extra £2 million until ...read more
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