Arctic weather boosts Blacks sales

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p><a href&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;arctic-weather-boosts-blacks-sales&period;jpg"><img class&equals;"alignnone size-full" title&equals;"Recent Arctic weather conditions helped provide a sales boost for Blacks Leisure" src&equals;"http&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2011&sol;01&sol;min-arctic-weather-boosts-blacks-sales&period;jpg" alt&equals;"Recent Arctic weather conditions helped provide a sales boost for Blacks Leisure"&sol;><&sol;a><&sol;p>&NewLine;<p>Outdoor retailer Blacks Leisure has said the recent Arctic weather conditions boosted its turnaround plans as consumers snapped up jackets&comma; scarves and hats&period;<&sol;p>&NewLine;<p>The cold snap helped increase like-for-like sales in its outdoor business by 10&period;2&percnt; in the key trading period of December despite a strong set of comparative figures the previous year&period;<&sol;p>&NewLine;<p>The company&comma; which owns the Blacks and Millets brands&comma; said the December performance lifted overall group like-for-like sales for the half-year to the end of December to a decline of just 0&period;1&percnt;&period;<&sol;p>&NewLine;<p>It is in talks with parties interested in buying all or parts of the business but has insisted it will return to profit if a merger fails to go through&period;<&sol;p>&NewLine;<p>As part of its turnaround plans&comma; the retailer has closed many of its loss-making stores&comma; leaving it with a core estate of about 300&comma; introduced a loyalty card and recruited a team of 19 outdoor experts to advise customers&period;<&sol;p>&NewLine;<p>It has revamped 12 stores&comma; which now account for 10&percnt; of its sales&comma; and plans to open another outlet next month&period;<&sol;p>&NewLine;<p>Chief executive Neil Gillis said&colon; &&num;8220&semi;The group has performed strongly during the key Christmas trading period highlighting the strength of our offering in what continues to be a challenging retail market&period;&&num;8221&semi;<&sol;p>&NewLine;<p>The Northampton-based retailer&comma; which made a pre-tax loss of £8&period;5 million in the first half of its financial year&comma; said the strong winter performance helped to offset the decline of the business in the summer&period;<&sol;p>&NewLine;<p>Mr Gillis added&colon; &&num;8220&semi;The turnaround programme remains on track and we enter the New Year in a positive financial position and focused on continuing to deliver the benefits of the turnaround strategy&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Shares in Blacks were up 5&percnt; following the trading update&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68e3de0fd5c08">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; 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