Arctic blast boosts crucial December sales for Blacks Leisure

OUTDOOR retailer Blacks Leisure said the recent Arctic weather conditions boosted its turnaround plans as consumers snapped up jackets, scarves and hats.

The cold snap helped increase like-for-like sales in its outdoor business by 10.2% in the key trading period of December, despite a strong set of comparative figures the previous year.

The company, which owns the Blacks and Millets brands, said December lifted group like-for-like sales for the half- year to the end of December to a decline of just 0.1%.

It is in talks with parties interested in buying all or parts of the business, but has insisted it will return to profit if a merger fails to go through.

As part of its turnaround, the retailer closed many of its loss-making stores – including its former Hanover Street site, in Liverpool, before re-opening earlier this year in the former Whitechapel premises of Wade-Smith – leaving it with a core estate of about 300.

It has also introduced a loyalty card and recruited a team of 19 outdoor experts to advise customers.

It has revamped 12 stores, which now account for 10% of its sales, and plans to open another outlet next month.

Chief executive Neil Gillis said: “The group has performed strongly during the key Christmas trading period, highlighting the strength of our offering in what continues to be a challenging retail market.”

The Northampton-based retailer, which made a first half pre-tax loss of £8.5m, said the strong winter performance helped offset the decline of the business in the summer.

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