Summary
Outdoor clothing retailer Blacks yesterday revealed a fall in same-store sales and said it was not expecting a quick trading upturn. Shares in Blacks fell 3% after it said like-for-like sales in the first 19 weeks of the year dipped by 2% against a figure of 4.2% the year before, although total sales lifted by 5.2%.
The group, which includes Millets and Blacks Outdoor, said the current retail market remained challenging and that it did not expect an early improvement in trading conditions.See the full content of this document
Extract
Blacks Hit by Chill Wind in Challenging Outdoor Market
It said the outcome of the first half and the full...
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