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Edward Green/GG FIRE SALE???

NMW1982

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THe real question is whether EG/GG will be having fire sales because their business has been horrible lately. Or whether they will just tough it out and accept abysmally low revenues this year.
 

bdeuce22

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how do you know these two specific companies have been struggling? just a guess with the majority of retailers or some hard numbers behind this statement?
 

RJmanbearpig

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Do we really want two pretty small companies whose products we like to have a horrible year resulting in their selling at pretty much a loss? That's tantamount to nudging them out of business, and then no more cheap RLPL EGs for the vultures ever.
 

mikej77

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Didn't you start another post with basically this same question today?
 

RJmanbearpig

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Originally Posted by Will
G&G still has trouble delivering shoes within five months after receipt of an order, a condition that was still true as of last week.

A little softness in their order flow, if it existed, might reduce the backlog but that's all.


I think there's a doctor in the greater DC area you'd enjoy meeting.
 

Fuuma

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Originally Posted by Will
G&G still has trouble delivering shoes within five months after receipt of an order, a condition that was still true as of last week.

A little softness in their order flow, if it existed, might reduce the backlog but that's all.


Being slow at delivering a product doesn't mean you don't need the cashflow...
 

zjpj83

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Why did you need to make two equally stupid threads?
 

voxsartoria

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Originally Posted by zjpj83
Why did you need to make two equally stupid threads?

Could be worse. Could be one for EG, and another for G&G.


- B
 

SirSuturesALot

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Perhaps he is trying to ignite a fire sale by creating great public anticipation of one.
 

zjpj83

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Originally Posted by SirSuturesALot
Perhaps he is trying to ignite a fire sale by creating great public anticipation of one.

Couldn't he have picked a better subject, like penthouse apartments? I'd be all for a FIRE SALE of those. Unless they are actually on fire. In which case, I'll pass.


So, has anyone ever worn burning Dovers?
 

Reborn

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Comes down to their managements anticipation of this global slowdown as well outstanding debt & cash reserves. A lot of people manage in a style that thinks good times will always roll, hopefully some of these high quality artisans saw this coming and are prepared.
 

jcriswel

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The real answer is both companies are privately held and we have no idea what their financial condition really is. They might have cash flow issues and they might not. If we venture a guess, we are merely speculating. The best policy is to continue doing business with these companies if the desire to purchase their products and the means are still present. If they are not, then don't buy.

It is their decision based on sales, backlog, etc to adjust the price of their products. Anything other than that is just speculation. As a consumer, one should strive to buy their products, if we want to, at the best price possible.

It's all so clean and simple that way. We don't have to do any speculating or analysis of someone else's financial condition which in the end is none of our business.
 

RJmanbearpig

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Originally Posted by dopey
I have been working on a program where I buy GG and EG shoes at deep discount and RJbeast sends them checks to show his support.

Some of us still care about things and don't troll all the time. What happened to you? You used to care.
 

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