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Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 23 Sep 2018, 7:00pm
by fausto copy
thirdcrank wrote:I must have mentioned this before but I've never understood why a manufacturer whose name means "white" would invariably finish their frames in blue.
I think the official colour name is "Celeste".
My colour vision isn't perfect by any means but I tend to think of it as being more on the green side of turquoise.
Whatever, I love it but have always liked the Italian brand Wilier too, but that's probably more down to their model names, as Galilbier is my favourite mountain.
Then again, I really should have bought a Spanish bike a few years ago, as the BH brand already had my initials stamped on them (no, not FC).
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 27 Sep 2018, 9:08am
by thirdcrank
From today's Daily Telegraph
Halfords swoops for ailing Evans Cycleshttps://www.telegraph.co.uk/business/20 ... ns-cycles/
Halfords is looking to buy Evans
Posted: 28 Sep 2018, 1:08pm
by chocjohn9
Evans is apparently looking for a buyer and has received a number of offers, including one from Halfords. This is because Evans needs a whopping £10 million to keep going
I can't say I'm too surprised. In the internet age, prices are cut throat whilst unlike others, they have a huge retail estate to pay for. The flip side of this and something which they need to, and should play on, is the advantage of service and advice on sizing, trying on etc. But, as has been mentioned on here over and over again, they simply do not excel at this. Quite the opposite. They should.....and then they may not have found themselves in this sticky situation.
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 5 Oct 2018, 11:21am
by mercalia
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 5 Oct 2018, 7:18pm
by RickH
I hadn't realised Go Outdoors were owned by JD Sports. GO seem to have been developing their cycle stuff in the last few years (& getting some good reviews of their bikes in the process).
Have Halfords been targeting Evans with their Cycle Republic stores? They seem to have opened a lot in close proximity.
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 5 Oct 2018, 7:31pm
by mjr
RickH wrote:Have Halfords been targeting Evans with their Cycle Republic stores? They seem to have opened a lot in close proximity.
See above. Probably.
If half odds does buy Evans, will they be required to keep the staff on for two years under TUPE regs? Staff in nearby Cycle Republics should be nervous if so!
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 5 Oct 2018, 7:41pm
by Bonefishblues
mjr wrote:RickH wrote:Have Halfords been targeting Evans with their Cycle Republic stores? They seem to have opened a lot in close proximity.
See above. Probably.
If half odds does buy Evans, will they be required to keep the staff on for two years under TUPE regs? Staff in nearby Cycle Republics should be nervous if so!
No. Primer here:
https://www.springhouselaw.com/glossary/eto-reason/
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 4:22pm
by Psamathe
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 4:34pm
by mercalia
Psamathe wrote:Reported recently
Ian
Well that's me finished with Evans
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 4:39pm
by landsurfer
mercalia wrote:
Well that's me finished with Evans
Why ?
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 4:53pm
by mjr
landsurfer wrote:mercalia wrote:
Well that's me finished with Evans
Why ?
It seems likely that the current stock will be sold off, then replaced with lower-quality similar-looking items which make more profit and are misleadingly priced to show big discounts, while staff are put on zero-hours contracts, fined for arriving late but not rewarded for working late, made to wait unpaid for security checks before they can leave work and so on. Maybe mercalia doesn't want to support a business where
"there’s no happy environment – it’s all miserable, they just want you work faster and faster."
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 5:03pm
by Psamathe
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 5:26pm
by landsurfer
mjr wrote:landsurfer wrote:mercalia wrote:
Well that's me finished with Evans
Why ?
It seems likely that the current stock will be sold off, then replaced with lower-quality similar-looking items which make more profit and are misleadingly priced to show big discounts, while staff are put on zero-hours contracts, fined for arriving late but not rewarded for working late, made to wait unpaid for security checks before they can leave work and so on. Maybe mercalia doesn't want to support a business where
"there’s no happy environment – it’s all miserable, they just want you work faster and faster."
So are Sports Direct not subject to UK employment law ?
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 5:28pm
by mjr
landsurfer wrote:mjr wrote:It seems likely that the current stock will be sold off, then replaced with lower-quality similar-looking items which make more profit and are misleadingly priced to show big discounts, while staff are put on zero-hours contracts, fined for arriving late but not rewarded for working late, made to wait unpaid for security checks before they can leave work and so on. Maybe mercalia doesn't want to support a business where
"there’s no happy environment – it’s all miserable, they just want you work faster and faster."
So are Sports Direct not subject to UK employment law ?
The jury on that has not been sworn in yet, much less gone out.
Re: Evans Cycles seeks buyer after failing to mount rescue bid
Posted: 30 Oct 2018, 5:41pm
by landsurfer
mjr wrote:The jury on that has not been sworn in yet, much less gone out.
I genuinely am not aware of the issues around SD, i use their shops, i understand they buy up brand names and have lower quality merchandise produced using the brands, but they also have the most miserable shop staff of any chain i have shopped in .... so your probably right ....