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Blacks Leisure promises radical changes to its business

May 29 2008 by Tony McDonough, icNorthWest

Blacks Leisure is today promising radical changes to its business following another year of losses at the outdoor clothing and boardwear firm.

The group says its Blacks and Millets outdoor division achieved a near three-fold rise in operating profits, but this was offset by a poor year in boardwear, which trades through the Freespirit and O’Neill brands.

Blacks says overall losses for the year to March 1 were £9.3m, an improvement on the £13.8m reported a year ago.

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