Blacks Finds A Hole In Its Finances, Launches New Concepts

Blacks Leisure, the leading British outdoor retailer, had to issue a profit warning after it discovered a hole of about £2 million (€2.6m-$4m) in the accounts of Sandcity, the Blacks-owned company that distributes and retails O’Neill in the UK. Darren Spurling, managing director of Sandcity and board member of Blacks ...