Blacks Leisure Group Plc said a sales drop sped up on weaker demand for surfing and snowboarding clothes. Sales slid 5.4 percent at outlets open at least a year in the current fiscal year’s first 19 weeks.
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The snow sports products market grew by $280 million to reach $2.97 billion for the 2007.08 season, up from approximately $2.69 billion in all channels last season.
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April 25, 2008 — Luxottica Group SpA, the parent of Oakley, reported a 19% drop in first-quarter net profit as retail sales in the U.S., its largest single market, continued to decline and the weak dollar took a toll.
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