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2024-05-29 19:11:22

kim_harding ✅ on Nostr: Evans begins 70% off sale on old Wiggle stock – as it’s revealed Frasers Group ...

Evans begins 70% off sale on old Wiggle stock – as it’s revealed Frasers Group paid just £3m for struggling cycling retailer after initial deal collapsed
https://road.cc/content/news/evans-begins-70-sale-old-wiggle-stock-308599
A private equity firm had agreed a deal last year to buy Wiggle CRC as a “going concern” but pulled out at the last minute, allowing Mike Ashley to swoop in and purchase the brand’s intellectual property rights for far below the originally reported £10m
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