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Yes this too, former owners are private equity guys so you'll think that they have everything figured out, they didn't and it was a bad bet.
The turning point must have been the Wiggle and the CRC 'merger' when the 2nd acquisition was made, why wasn't this referred to the competition commission?
And yeah, from therein Evans just could not match online sales.
coventry_eagle-
Yes this too, former owners are private equity guys so you'll think that they have everything figured out, they didn't and it was a bad bet.
Thing is, before I left, it was fine, the problem is that they're not returning enough money back to the investor (last I remember, they need to make at least £2 millions before the end of the years... in 2017).
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I believe it was referred to the competition commission but because Halfords still has such a huge market share (they don’t differentiate BSOs from the enthusiast market) it was allowed to go through
edscoble
jackbepablo
Nah, it's alarmingly poor management at Evans that are to blame, remember the 50% discount? that's months of my life I can't get back, and never hitting target for nearly 3 months despite "increase in footfall".