RE: ProBikeKit sold to Ashley2 Jun 2023 12:38
I don't think we can compare THG and Sports Direct or Ashley in general. THG are trying to create desirable brands where Ashley is just looking to buy things cheap, strip them out and make what he can out of the remaining business. My favourite quote about Ashley is this -
“He reminds me of the of the guy who tried to win Monopoly by developing all the crappy brown and light-blue properties, given his obsession with buying failed businesses"
What you can say about that strategy, is that he has made it work!