Outdoor Retail Chain Hammered By Epidemic
Rural shops worst hit as walkers and climbers stay away from mid-March onwards
Posted: 16 May 2001
by Jon
Britain's largest outdoor retail chain, Blacks, has announced that
the foot and mouth crisis has seriously damaged its first half
results for 2001.
The company says that sales slumped from Easter onwards as walkers
and climbers put a hold on purchases with the countryside closed
down. They also say that the slump has hit rural stores hardest, with
urban outlets being less seriously affected.
The report - see this
story on Ananova for more details - follows in the wake of a
furious
open letter from the MD of the company producing the Mountain
Equipment and Ron Hill brands, which put the fall in turnover in the
outdoor manufacturing industry at a massive 40 per-cent.
Worryingly, foot and mouth has become something of a non-story for
the national media, but the slow pace of re-opening and the lack of
any meaningful compensation package so far for the outdoors leisure
industry means that the picture is still grim for both manufacturers
and retailers with every possibility that some smaller companies will
go to the wall.
Discuss this story
|