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Saved outdoor clothing group suffers losses

PRE-TAX profit at outdoor clothing company Jacobs and Turner has plunged 21% to £2.4 million after the Nevisport retail business it rescued from administration in 2007 posted a seven-figure loss.

Nevertheless, Afzal and Akmal Khushi, the brothers who own the Glasgow-based company, have insisted it has achieved "another strong performance" and vowed to continue to expand its presence on the high street.

Jacobs and Turner, best known for its Trespass brand and retail chain, saw turnover rise 4.9% to £64.9m in the year to June 24, 2012.

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Fashion

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