Another high profile loss for Blacks

Another high profile loss for Blacks

Struggle for survival, right in the middle of a downturn

Blacks, the outdoor leisure retailer, confirms resignation of Marc Lombardo as its finance director.

The announcement follows news last month that chairman, David Bernstein had resigned after Sports Direct, the company’s largest investor, voted against re-appointment at the company’s annual general meeting in July.

Blacks has struggled in the past with falling sales and has been forced to extend its banking facilities. Julia Reynolds, Ex-Figleaves CEO joined Blacks last month as its new chief executive. She has been tasked with turning the business around.