PhædrusR
Check out your baskets
- Joined
- Jun 23, 2023
- Messages
- 1,145
The price of an item is irrelevant. £8 or £600, it's if the order is fulfilled and if the company is or isn't trading. It was trading up to the point it wasn't. Also understand Sports Direct were pressing them to sell their stuff, including rattan. And SD had a loan charge on IW. Do we know if maybe it was a condition of the loan. And there was a chance that the cash generated by high ticket items like the rattan could plug the finance hole while new funding or restructuring was done."The technical difficulties" saga which EVERYONE on this thread KNEW the end was nigh begs the question if we all knew (and it wasn't hard) then don't try and tell presenters who had been there for years or even decades didn't
What should they have done?
Not sold £500+ Rattan sets on a constant loop
Point has been made before but in the dying embers of Bid Tv when it wasn't as obvious things were shortly falling apart they sold £8 all-in egg cookers on a constant loop, still not ideal but it isn't putting anybody into potential financial difficulty
Sadly? It failed.
If they tried EricK and other attempts, then selling rattan was another attempt to salvage the firm. The owners had lost the plot by then!