Like-for-like sales at outdoor clothing retailer Blacks Leisure Group Plc have fallen by 1.8% in the 19 weeks to 11 July, but the company says it is "performing satisfactorily".

The group also said it is in advanced negotiations with Lloyds bank on the renewal of its existing working capital facility - and hopes this will be completed soon so it can carry on with its business turnaround plan.

Blacks, which sells boardwear clothing, footwear and equipment, said Outdoor sales at its 256 Millets and 116 Blacks Outdoor stores were down 1.6% in the period.

At its Boardwear unit, which includes 31 Freespirit and 12 O'Neill stores, sales fell 3.2%.

"The relative improvement in the Boardwear performance partly reflects the conversion of 7 Boardwear stores to the Outdoor format earlier in the year," the company said.

The new format Outdoor stores are an important element of the firm's recovery strategy and reported sales growth of 10.4% above the fascia average.