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2024-09-30 17:22:01 UTC
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Tony Wells on Nostr: He knows how to run a business, make money, and also turn around a business, a ...

He knows how to run a business, make money, and also turn around a business, a surprisingly rare skill in this country. Most of the high(er) end brands are now owned by bigger companies, the brands had high prices but ridiculously high overheads and little or no control over spend, but strangely, still underpaying a lot of people. I'm guessing he's looking at Shein, Temu etc and realising it's going to be increasingly difficult to profit from cheaper shops like Sports Direct.