Is it just me or does Superdry have a strange monopoly on Northern Irish men's coats?
I actually quite like their jackets but their in-store music is too annoying. And I say this as someone who is a big fan of in-store music.
High Street chain collapse sweepstake
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Charlie Wells
- Posts: 257
- Joined: Tue 02 Nov, 2004 16.23
- Location: Cambridgeshire
Problems at Sports Direct, or at least their inability to publish preliminary results. Originally due on 18th July it was delayed at 7am, then again at midday, and at 2pm.
Article: https://www.bbc.co.uk/news/business-49124375
Article: https://www.bbc.co.uk/news/business-49124375
"If ass holes could fly then this place would be an airport."
I don't really get the 'benefit of hindsight' argument being used by Ashley about the House of Fraser takeover. The place had collapsed despite having a CVA in place which would have allowed them to immediately close half of their estate. These are not the signs of a business which just needs a small correction in terms of management to put right!
The analysis I've read suggests market feeling is they have taken their eyes off the ball with their main operation and haven't benefitted particularly from the trends in athleisure and super expensive trainers the way JD have. There isn't an awful lot of confidence in Ashley's 'buy up failed high street chains' strategy either. In particular his lost investment in Debenhams is regarded by some as a mixture of cockiness and naivety.
It'd be quite something if the Sports Direct business itself ends up in trouble financially though.
If EWM buys it, he will be looking at the price of rant on the units, if it's to much he will close them and have it online or inside his Days Department store.
It'd suit House of Fraser though. Well, as much as anything can possibly suit House of Fraser as it currently stands.