The ailing retailer's restructuring that will see 25% of its stores close is backed by activist investor Principle Capital Claude Littner, the former Tottenham Hotspur and Amstrad chief executive who regularly appears alongside... [read full story]
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TROUBLED outdoor chain Blacks Leisure has finalised plans for a rescue deal to “ensure the survival” of its core business and preserve more than 4,000 jobs. The proposal would involve asking landlords of 89 closed or closing...
ByEsther Bintliff and Anousha Sakoui Blacks Leisure has unveiled the terms of a potential deal with landlords that could shield the troubled outdoor goods retailer from administration, saving more than 4,000 jobs and preserving...
Blacks Leisure, the outdoor retail specialist, yesterday unveiled a company voluntary arrangement in an attempt to safeguard its future and 4,300 jobs by ditching unprofitable stores. The group, which operates the Black and...
Your account has been frozen. Published Date: 04 November 2009 BANK of Scotland, now part of Lloyds Banking Group, is set to take a 5 per cent stake in embattled retailer Blacks Leisure as part of a rescue deal that preserves...
Outdoor clothes and accessories specialist Blacks Leisure is nearing a deal that would rescue the troubled retailer from more store closures and save 4,000 jobs in the process. Blacks said today that it has finalised plans for...
Blacks Leisure, the troubled outdoor retail specialist, is promising landlords of 89 stores it closed six months rent as part of a formal restructuring plan which has been approved by its bank . In return for walking away from...
Blacks puts forward rescue plans Troubled outdoor chain Blacks Leisure today said it had finalised plans for a rescue deal to “ensure the survival” of its core business and preserve more than 4,000 jobs. The proposal would...
British outdoor goods company Blacks Leisure has finalised the terms of a restructuring plan and secured the support of its bank to help keep the firm in business. The plan will see a company voluntary arrangement , an...
LONDON, Nov 3 (Reuters) - British outdoor goods company Blacks Leisure said on Tuesday it had finalised the terms of a restructuring plan and secured the support of its bank to help keep the firm in business. The plan will see...
LONDON, Nov 3 (Reuters) - British outdoor goods company Blacks Leisure said on Tuesday it had finalised the terms of a restructuring plan and secured the support of its bank to help keep the firm in business.
