Summary
RETAIL group Blacks Leisure is asking its bank for new borrowing facilities to keep the company in funds while it closes down loss- making businesses.
Blacks is gradually shutting its clothing stores that operate under the Freespirit, Mambo and O'Neill names. The shops are being converted to the more successful Milletts and Blacks shops, which sell outdoor clothing, tents, mountaineering kit and skiing gear.See the full content of this document
Extract
Holding On: Blacks Seeks New Loan
Blacks' bank, Lloyds, has agre...
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