Blacks improves but is not yet in the black

2011-05-06T00:00:00

Blacks Leisure is gradually recovering from its troubled past. The leading British outdoor retailer, which has been seeking a buyer in vain at a reasonable price, ended its fiscal year on Feb. 26 with a pre-tax loss reduced to £5.3 million (€5.9m-$8.7m) from £43.6 million in the prior year.

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