Stifler Posted March 27, 2019 Share Posted March 27, 2019 i'm trying to understand what kind of store house of fraser is and debenhams and their equivalent in the usa Debenhams is Sears. Link to post Share on other sites More sharing options...
Minhosa Posted March 27, 2019 Share Posted March 27, 2019 i'm trying to understand what kind of store house of fraser is and debenhams and their equivalent in the usa HOF would be a lesser Niemann Marcus. Debenhams a slightly better sears. Link to post Share on other sites More sharing options...
Kanji Posted March 27, 2019 Share Posted March 27, 2019 Debenhams sounds doomed from the start. HOF seems like it could withstand some time? Link to post Share on other sites More sharing options...
Minhosa Posted March 27, 2019 Share Posted March 27, 2019 Debenhams sounds doomed from the start. HOF seems like it could withstand some time? Problem HOF has is the equivalent of the likes of Moncler, Canada Goose etc pulling out of Niemanns for financial reasons. HOF is perilously close to having lost all credibility. HOF has taken to replacing suppliers with credible brands with Donnay socks and Lonsdale trackies now as that’s the only party in Mike Town. Link to post Share on other sites More sharing options...
Kanji Posted March 27, 2019 Share Posted March 27, 2019 thanks Minhosa, actually helpful in trying to understand the context of MA's retail dealings Link to post Share on other sites More sharing options...
manorpark Posted March 28, 2019 Share Posted March 28, 2019 i'm trying to understand what kind of store house of fraser is and debenhams and their equivalent in the usa House of Fraser and Debenhams are both "traditional UK Department Stores". In a Department Store you can usually find anything you want to buy, in their original concept they are 'retail worlds in themselves'. In the UK the remaining (more successful) main Department Store Groups are 'John Lewis', 'Fenwick', 'Selfridges', and 'Harvey Nichols'. House of Fraser Department Stores and Debenhams Department Stores have also been very successful, until the last five years or so. It will be sad if we lose either (or both) of these traditional "Department Store" groups. Link to post Share on other sites More sharing options...
Sima Posted March 28, 2019 Share Posted March 28, 2019 Does Next class as a department store these days? I mean they have a Home range but albeit little gifting and electronic options. Link to post Share on other sites More sharing options...
Away Day Gadgie Posted March 28, 2019 Share Posted March 28, 2019 thanks Minhosa, actually helpful in trying to understand the context of MA's retail dealings He basically wants to buy everything and anything that’s going cheap. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted March 28, 2019 Share Posted March 28, 2019 I never understood what his strategy was. Buying into failing things is only good if you can avoid their debts and turn them around. If they just continue to be shite I don’t see how you make any money. Link to post Share on other sites More sharing options...
Away Day Gadgie Posted March 28, 2019 Share Posted March 28, 2019 I’m fairly certain he doesn’t really have one. I think he enjoys the attention and it makes him feel important when he “owns” lots of things. Link to post Share on other sites More sharing options...
Darth Crooks Posted March 28, 2019 Share Posted March 28, 2019 He has a massive ego like. Part this here is billionaires own football clubs because that's what they do. SD stuff is a big part too but the above post is spot on. See the 'true entrepreneur' quotes from parliament. Link to post Share on other sites More sharing options...
Groundhog63 Posted March 28, 2019 Share Posted March 28, 2019 Asset stripping while avoiding liabilities like pension funds, perhaps? Link to post Share on other sites More sharing options...
geordiedean Posted March 28, 2019 Share Posted March 28, 2019 He buys tens of millions of pounds worth of bankrupt stock at an absolute fraction of its retail value then sells at retail. In HOF case he bought stock that had already been sold online dirt cheap then just sells it again the crooked devious bastard Link to post Share on other sites More sharing options...
Boo Boy Posted March 28, 2019 Share Posted March 28, 2019 I never understood what his strategy was. Buying into failing things is only good if you can avoid their debts and turn them around. If they just continue to be shite I don’t see how you make any money. he buys cheap stock. he will acquire the properties for a fraction of their value and won't have any of the pensions liabilities. he will make fortunes out of each one. Again! Link to post Share on other sites More sharing options...
Paully Posted March 28, 2019 Share Posted March 28, 2019 Link to post Share on other sites More sharing options...
Minhosa Posted March 28, 2019 Share Posted March 28, 2019 He's such a wanker. Link to post Share on other sites More sharing options...
Disco Posted March 28, 2019 Share Posted March 28, 2019 He's such a wanker. :lol: this really tickled me for some reason. True mind. Link to post Share on other sites More sharing options...
Charlies Posted March 28, 2019 Share Posted March 28, 2019 Link to post Share on other sites More sharing options...
Darth Crooks Posted March 28, 2019 Share Posted March 28, 2019 Sick of this not a bad bloke crap so it doesn’t bite the heads off kittens and wipe his arse with orphans. Superficial charm. He’s overseen a shitshow here and his warehouses. Built it up from treading on the backs of the poor and desperate. Anyone ‘mates’ with him is probably a cunt too. Link to post Share on other sites More sharing options...
ToonArmy1892 Posted March 28, 2019 Share Posted March 28, 2019 Disappointing lack of fuck off Mike's recently. Fuck off Mike. Link to post Share on other sites More sharing options...
Yorkie Posted March 28, 2019 Share Posted March 28, 2019 Sick of this not a bad bloke crap so it doesn’t bite the heads off kittens and wipe his arse with orphans. Superficial charm. He’s overseen a shitshow here and his warehouses. Built it up from treading on the backs of the poor and desperate. Anyone ‘mates’ with him is probably a cunt too. Absolutely. Everyone he associates with is a piece of shit. Not necessarily due to their connection to him; they just are - all the ones we know of anyway. Llambias, Kinnear, Wise, Kelmsley, Jiminez, Gray, Keys - whoever else: all certified wankers even without the Ashley connection. Link to post Share on other sites More sharing options...
ToonArmy1892 Posted March 28, 2019 Share Posted March 28, 2019 Anyone who is friends with Mike Ashley is a wanker. Link to post Share on other sites More sharing options...
Rich Posted March 29, 2019 Share Posted March 29, 2019 Looking like his/SD’s stake in Debenhams is going to be wiped out. Shame. Link to post Share on other sites More sharing options...
r0cafella Posted March 29, 2019 Share Posted March 29, 2019 So correct me if I'm wrong, Debenhams are doing a procedure Ashley has himself profited from before and he's whinging about it? Link to post Share on other sites More sharing options...
Wilson Posted March 29, 2019 Share Posted March 29, 2019 He's saying their advisers 'should be in jail if there's any justice in the world' He's got some fucking neck on him like, absolute cunt. Link to post Share on other sites More sharing options...
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