General Business Forum Brought to you by Salesforce

Has Mike Ashley Sports Direct done a Ratner

Discussion in 'General Business Forum' started by Chris Ashdown, Mar 25, 2020 at 8:28 AM.

  1. Chris Ashdown

    Chris Ashdown UKBF Legend Free Member

    11,277 2,300
    Some say all publicity is good, but Ratner found out it does not always work, Has Mike Ashley of Sports Direct done so much damage these last two days that the firm will collapse

    They may be the biggest but other makes available if the public turn on him
     
    Posted: Mar 25, 2020 at 8:28 AM By: Chris Ashdown Member since: Dec 7, 2003
    #1
  2. Gordon - Commercial Finance

    Gordon - Commercial Finance UKBF Ace Free Member

    2,097 635
    Doubtful. He sailed through all the bad publicity about how he treated his staff, the zero hours contracts stuff...

    Same reason Wetherspoons will be just fine after this - people have shorter memories for this stuff than for a cheap drink/golf umbrella
     
    Posted: Mar 25, 2020 at 8:33 AM By: Gordon - Commercial Finance Member since: Jun 26, 2017
    #2
  3. Darren_Ssc

    Darren_Ssc UKBF Enthusiast Free Member

    585 124
    Seeing as the Govt listed bike shops twice as businesses that could remain open it isn't surprising that he wanted to stay open - Evans cycles is part of the group.

    Ashley is one of those people that is targeted by the media at every opportunity. I don't know whether he deserves it or not but a lot of the worst stories (as with amazon also) usually turn out to be gross exaggerations. or totally untrue.

    The next time you see a negative story about Ashley in the Telegraph just ask yourself who owns the Telegraph and what other businesses do they own?
     
    Posted: Mar 25, 2020 at 8:37 AM By: Darren_Ssc Member since: Mar 1, 2019
    #3
  4. Mark T Jones

    Mark T Jones UKBF Big Shot Free Member

    4,278 1,472
    Nope; it will wash off.

    People who seek the cheapest aren't loyal or pricipled; they just want the cheapest.
     
    Posted: Mar 25, 2020 at 8:41 AM By: Mark T Jones Member since: Nov 4, 2015
    #4
  5. JEREMY HAWKE

    JEREMY HAWKE UKBF Legend Full Member

    4,593 1,482
    This is a bloke that has never stepped in a gym in his life never done any forum of sport, training or nothing .

    If he did he would know that anybody doing a sport or going to a gym would not want to dress like the king of chavs He is a feckin complete bone head

    Maybe he should take inspiration from proper companies !

    https://www.britishvintageboxing.com/
     
    Posted: Mar 25, 2020 at 8:44 AM By: JEREMY HAWKE Member since: Mar 4, 2008
    #5
  6. UKSBD

    UKSBD Not a real duck Staff Member

    9,819 1,875
    Not defending him, but he would get criticism whatever he did.

    Close everything and send people home - That would be wrong
    Try to keep stores open - That would be wrong
     
    Posted: Mar 25, 2020 at 8:49 AM By: UKSBD Member since: Dec 30, 2005
    #6
  7. Gordon - Commercial Finance

    Gordon - Commercial Finance UKBF Ace Free Member

    2,097 635
    Get drunk at a business meeting and vomit in a fireplace - that would be wrong
     
    Posted: Mar 25, 2020 at 8:58 AM By: Gordon - Commercial Finance Member since: Jun 26, 2017
    #7
  8. Alison Moore

    Alison Moore UKBF Regular Full Member

    266 24
    They've hiked their prices up too - they really shouldn't be profiteering during all of this. I thought he looked like an idiot saying that they would say open - the bike section maybe yes, the rest of it, no.
     
    Posted: Mar 25, 2020 at 11:46 AM By: Alison Moore Member since: Aug 4, 2016
    #8
  9. alan1302

    alan1302 UKBF Enthusiast Free Member

    875 158
    If he closed and sent people home don't think may people would say he did wrong as that is what the government are telling him to do.
     
    Posted: Mar 25, 2020 at 11:48 AM By: alan1302 Member since: Jun 2, 2018
    #9
  10. thetiger2015

    thetiger2015 UKBF Regular Free Member

    264 70
    He's made his wealth by doing what he's always done. He's not going to change now.

    Same as 'spoons' - he's done very well for himself, by doing what he's doing, why would he change either?

    Some might say it's to do with morals but morals alone don't buy luxury apartments and sports cars.

    Will this harm either of them. No. They know their customer base really well. Ratners was different, the customers expected luxury but were told it was all rubbish, by the owner.
     
    Posted: Mar 25, 2020 at 12:32 PM By: thetiger2015 Member since: Aug 29, 2015
    #10
  11. Chris Ashdown

    Chris Ashdown UKBF Legend Free Member

    11,277 2,300
    With Ratners as far as I can remember it was the selling of shares that brought them down to a level that did not sustain the debt, rather than no customers

    People new that the products were low quality and could live with that and were not silly enough to make a big deal like the papers about a off the cuff comment, but it scared the hell out of the shareholders

    For a company like Ashleys already deep in debt, late accounts and the fallen stock market, who knows what the stock holders will do
     
    Posted: Mar 25, 2020 at 12:48 PM By: Chris Ashdown Member since: Dec 7, 2003
    #11
  12. JEREMY HAWKE

    JEREMY HAWKE UKBF Legend Full Member

    4,593 1,482
    It is sad they inspire new business owners as some people assume that this is the correct way to behave in business
     
    Posted: Mar 25, 2020 at 12:50 PM By: JEREMY HAWKE Member since: Mar 4, 2008
    #12
  13. simon field

    simon field UKBF Big Shot Full Member - Verified Business

    4,291 1,592
    From what I’ve seen, the people who shop in Sports Direct are probably the least likely demographic to actually engage in sports!

    A visit is usually followed by a trip to Greggs before having a fag afterwards.
     
    Posted: Mar 25, 2020 at 1:16 PM By: simon field Member since: Feb 4, 2011
    #13
  14. Mark T Jones

    Mark T Jones UKBF Big Shot Free Member

    4,278 1,472
    would have been perfectly acceptable in the ‘80s
     
    Posted: Mar 25, 2020 at 1:46 PM By: Mark T Jones Member since: Nov 4, 2015
    #14
  15. LTDcompanier

    LTDcompanier UKBF Newcomer Free Member

    13 0
    Didn't Ratner say his products were crap? Then no one wanted to buy them.

    Where as Ashley is just being a bit crap. His products are still "good".
     
    Posted: Mar 25, 2020 at 10:17 PM By: LTDcompanier Member since: Mar 21, 2020
    #15
  16. JEREMY HAWKE

    JEREMY HAWKE UKBF Legend Full Member

    4,593 1,482
    :):):)

    I think you were in the Nike shop when you thought you were in sports direct
    I think their stuff is crap
     
    Posted: Mar 26, 2020 at 4:22 AM By: JEREMY HAWKE Member since: Mar 4, 2008
    #16
  17. Bob Morgan

    Bob Morgan UKBF Regular Free Member

    376 99
    Mike Ashley - Courteous, Understanding, Notable and Tenacious!
     
    Posted: Mar 26, 2020 at 4:44 AM By: Bob Morgan Member since: Apr 15, 2018
    #17
  18. Michael Beaumont

    Michael Beaumont UKBF Contributor Full Member

    42 4
    One of the problems Sports Direct have is there location in large shopping complexes and city centres, being the very place everyone are told to avoid. Safety of staff and customers in these locations are compromised so they should be closed and SD shops in out of town centres where orders can be made online and picked up encouraged.
    I don't see his actions causing any lasting damage as they say, "Today's news, tomorrows chip shop paper."
     
    Posted: Mar 26, 2020 at 8:32 AM By: Michael Beaumont Member since: Sep 9, 2019
    #18