The company said Blacks, Freespirit and O’Neill had performed well during the six months to August 31, while Millets had struggled.
Says chairman David Bernstein: “Our sales in the first half were affected by a tough retail environment with the added impact of the World Cup in June and the hot, dry weather.
“Sales of camping products were weak during the period and we face strengthened competition in this sector. Millets has been particularly affected by these factors, whilst the performance of Blacks has been more resilient. Our boardwear businesses, Freespirit and O’Neill, both performed satisfactorily.
“Normal autumn and winter weather conditions and a good performance through the important Christmas trading period are key to achieving our current expected outcome for the year.”
