Blacks Leisure

Landlords to rescue Blacks Leisure with CVA deal

Landlords of troubled sportswear retailer Blacks Leisure are expected to support a rescue deal for the outdoor clothing retailer that will save more than 4,000 jobs. Creditors are set to meet on Monday to decide whether to...

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Borders takes cheap ad as sale fails

Neil Craven, Financial mail The sale of book and CD chain Borders, which began four months ago, appeared to be floundering this weekend. WH Smith is understood to have pulled out of a possible purchase of the 36 shops and...

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Outdoor retailer’s deal is vital for survival

One of the country’s leading outdoor retailers faces a crunch meeting at the end of this month when it will ask its property landlords and shareholders to approve a survival plan. Blacks Leisure, which owns both the Blacks and...

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CVA's gain higher profile.

There has been plenty of comment around the subject of Company Voluntary Arrangements (CVAs) in the industry this week following outdoor retailer Blacks Leisure Group Plc's announcement that it is proposing a CVA. By Helen...

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Ashley Recycling His Cash In Rebranding Deal

Newcastle United owner Mike Ashley has made the incredible decision to rebrand St James’ Park the SportsDirect.com @ St James’ Park stadium for the rest of the season, with a view to having a sponsor next season as confirmed by...

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Scottish Business Briefing - Wednesday 04 November, 2009

Your account has been frozen. Published Date: 04 November 2009 WELCOME to scotsman.com's Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today. BANKING...

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Business News: Lenders move in to seize stakes in struggling firms

Nov 4 2009 by Aled Blake, Western Mail FEWER firms are going to the wall despite the longest recession on record as lenders seize large chunks of those businesses in danger of drowning under their debts. Familiar names turning...

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Hammerson sees confidence return to property markets

Property group Hammerson said this morning confidence was returning to property markets. The news came as the Treasury confirmed that taxpayers will put another £30bn into Lloyds Banking Group and Royal Bank of Scotland....

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UPDATE 1-Blacks Leisure rescue plan gets bank support

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...

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Lindley Pate collapses under competition

Rachael Singh, Accountancy Age , Tuesday 3 November 2009 at 15:14:00 The trailer suppliers to the equine industry has called in administrators from Beever & Struthers Insolvency practitioners from Beever & Struthers have been...

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