djohns7275
Senior Member
- Joined
- Aug 27, 2007
- Messages
- 121
- Reaction score
- 41
I remember reading Jack Welch's book called Winning . In it he stated that when he ran G E all the businesses had to be either number one or number two in their field as when hard times came only the two dominate players in any sector are guaranteed to survive. Covid has killed off many of the peripheral footwear and clothing brands that were barley hanging on to start with .
Here in the UK Alfred Sargent went bust and all the remaining stock was subsequently sold on Ebay . Foster & son closed their Jermyn street shop and now only do bespoke . T & M Lewin closed all their stores and now only sell online . Wensum who years earlier had closed their factory in Norwich and moved it to Mauritius finally went bankrupt . The company that owned the Chester Barrie Savile row store closed it .The company that made the Chester Barrie Savile row suits and the ready made suits for Huntsman and Richard Anderson was called Lutwyche ,who also made suits under the brand name Lutwyche also went bust . If anybody is interested in the Lutwyche suits there are a couple of hundred of them on Ebay at the moment .
The department store House of Fraser also went bust . Up and down the high street I see bordered up shops the high street will never be the same . Even in Kesington high street about 20% of the shops are empty .
Here in the UK Alfred Sargent went bust and all the remaining stock was subsequently sold on Ebay . Foster & son closed their Jermyn street shop and now only do bespoke . T & M Lewin closed all their stores and now only sell online . Wensum who years earlier had closed their factory in Norwich and moved it to Mauritius finally went bankrupt . The company that owned the Chester Barrie Savile row store closed it .The company that made the Chester Barrie Savile row suits and the ready made suits for Huntsman and Richard Anderson was called Lutwyche ,who also made suits under the brand name Lutwyche also went bust . If anybody is interested in the Lutwyche suits there are a couple of hundred of them on Ebay at the moment .
The department store House of Fraser also went bust . Up and down the high street I see bordered up shops the high street will never be the same . Even in Kesington high street about 20% of the shops are empty .