RIP BHS

[DimPrawn]

I'm still the man from C&A at heart.

[Mordac]

I'm still the man from C&A at heart.

Do you know what C & A stands for? Old joke, I know, but still a shocker for the young'uns...

[barrydidit]

I'm still the man from C&A at heart.

That where the 'prawn' bit comes from?

[northernladuk]

Wifey works for Debs, had the same discussion last night. To summarise, they wouldn't touch BHS with a sh1tty stick. Pension deficit of half a billion was probably the cruncher...

^ This. Why would Debenhams work so hard to try and turn their business around and then take on a tat shop?

They should have dropped the word 'British' out of the name so people wouldn't have assumed it was full of crap. No one wants to shop at a racist establishment anyway.

[northernladuk]

Do you know what C & A stands for? Old joke, I know, but still a shocker for the young'uns...

There is still a C&A in Amsterdam but it still sells tatty old clothes no one wants.. They've missed a marketing gem over there

[Mordac]

^ This. Why would Debenhams work so hard to try and turn their business around and then take on a tat shop?

That was the point of the conversation. They wouldn't. And won't.

[Eirikur]

There is still a C&A in Amsterdam but it still sells tatty old clothes no one wants.. They've missed a marketing gem over there

There are C&A's all over the Netherlands and Germany. I always buy some shirts and trousers for work when I'm there. Being taller then average means it is very hard to get anything that fits me in the UK.

[saptastic]

BHS collapse threatens 11k jobs as Sir Philip Green's accused of pocketing £425m | Daily Mail Online

Dominic Chappell - He bought BHS for a £1 - took out £25m in 12 months and can now walk away whilst it goes into admin.

Sir PG sells to someone with no retail experience and a terrible financial/business background for a £1.

A conspiracy theory would be Sir PG didn't want it to fail under his name especially with the under invested pension deficit and his massive ego. So offloaded it to this guy who milked it and has a tarnished image anyway. And they can all walk away.

Under investment of the pension whilst lining your own pockets in a tax haven and selling the business to someone so inadequate. Not what you expect from a Sir......

[darmstadt]

Don't forget that Austin Reed are also going tits up with the loss of around 1000 jobs....

[BrilloPad]

BHS collapse threatens 11k jobs as Sir Philip Green's accused of pocketing £425m | Daily Mail Online

Dominic Chappell - He bought BHS for a £1 - took out £25m in 12 months and can now walk away whilst it goes into admin.

Sir PG sells to someone with no retail experience and a terrible financial/business background for a £1.

A conspiracy theory would be Sir PG didn't want it to fail under his name especially with the under invested pension deficit and his massive ego. So offloaded it to this guy who milked it and has a tarnished image anyway. And they can all walk away.

Under investment of the pension whilst lining your own pockets in a tax haven and selling the business to someone so inadequate. Not what you expect from a Sir......

Indeed. Same as Rover cars. I am amazed the rules have not changed as this all looks legal.