All Blacks articles – Page 10
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NewsBlacks CVA approved
Blacks Leisure’s Company Voluntary Arrangement (CVA) has been approved by 98% of its landlords at a creditors meeting.
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NewsBlacks CVA vote expected to be passed today
Blacks Leisure is expected to have its Company Voluntary Arrangement passed by landlords today, potentially securing the future of the outdoor specialist.
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NewsCotswold chases share in face of weakened Blacks
Cotswold Outdoor wants to increase its market share and is eyeing more shopping centre units as it expands.
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AnalysisNeil Gillis
Nothing fires Blacks’ quietly determined chief like a turnaround challenge. And, despite the losses announced last week, he insists the challenge won’t beat him.
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NewsLandlords split by Blacks CVA proposal approach
The Blacks Leisure proposed company voluntary arrangement has provoked mixed responses from the outdoor retailer’s landlords.
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NewsBlacks looks to exit 89 stores with CVA proposal
Blacks Leisure has unveiled details of a proposed company voluntary arrangement (CVA) as part the group’s restructuring.
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NewsBlacks focuses on restructuring as losses mount
Outdoors specialist Blacks Leisure has suffered a steep decline in first-half profits but said it is making progress with restructuring, details of which are being finalised.
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NewsO'Neill buys four Sandcity shops
The administrators of Sandcity, the boardwear subsidiary of Blacks Leisure, have sold four shops to O’Neill.
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Analysis
Retail IT Summit: Retail’s united front
Even in those businesses doing well, IT departments are being asked to do more with less. This year’s Retail IT Summit gave retailers the chance to get together and discuss how they are approaching what they euphemistically describe as a challenge. Joanna Perry reports.
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AnalysisSimon Bentley: Planning a comeback at Blacks?
Last week Retail Week revealed that sports retail veteran Simon Bentley is plotting a return to Blacks. Lisa Berwin finds out more about the man.
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NewsSimon Bentley plots return to troubled Blacks Leisure
Former Blacks Leisure chairman and chief executive Simon Bentley is understood to be plotting a return to the outdoors specialist as it battles to secure its future.
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News
O’Neill set to snap up Sandcity stores
Boardwear brand O’Neill is in talks to buy stores from the administrators of Sandcity as it aims to roll-out new-look shops in the UK.
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NewsBlacks to seek exits on store leases
Blacks Leisure is to contact landlords over the coming weeks to seek exits from the leases on the stores it intends to close, and could agree a company voluntary arrangement by November.
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NewsBlacks Leisure to close 89 stores
Blacks Leisure is to shut 89 of its loss-making stores and cut jobs at its head office as part of a restructuring.
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NewsBlacks considers CVA
Blacks Leisure is planning a company voluntary arrangement in order to secure its future.
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News
Retail suffers as gloom outweighs IPO hopes
General retail stocks headed south and underperformed the market, despite rising speculation that a raft of IPOs - including a £1.7bn flotation of fast fashion group New Look - looks likely in the new year.
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NewsBlacks Leisure places Sandcity into administration
Blacks Leisure has appointed administrators to its boardwear business, Sandcity.
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NewsBlacks Leisure warns covenant breach likely
Blacks Leisure has warned that it is likely to breach a banking covenant following difficult trading at its boardwear division and has struck a standstill agreement with its bank.
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NewsBlacks Leisure poised to close Sandcity
Blacks Leisure is poised to close its Sandcity business, the division that distributes and sells the O’Neill franchise, according to reports.