Low boardwear sales lead to losses at Blacks - sportstextiles: Lea SportsTextiles

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Low boardwear sales lead to losses at Blacks

16/01/2008
UK-based footwear, clothing and outdoor equipment producer Blacks Leisure Group has posted a 2.8% like-for-like sales increase for the six weeks ended January 12 compared with a 4.5% sales decline during the same period in the previous year.

Blacks’ sales rose 5.4% compared with a 4.6% decline reported in the previous year, while Millets posted a 7.8% increase compared with a 8.9% drop in the prior-year period. Despite this, sales for the company’s boardwear brands, Freespirit and O'Neill, fell 10.8% compared with a 1.7% increase in the same period for the previous year.

Chief executive, Neil Gillis, said: “The boardwear brands have experienced declining sales for most of the second half reflecting the effects of a weak clothing market.”




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