Dovo/Merkur Bankrupt!!

https://translate.google.ca/translate?hl...d-50144551

Would love to take on the project of turning this around to profitability. Been years since had a real challenge and this my forte

Would love to take on the project of turning this around to profitability.  Been years since had a real challenge and this my forte

Unmöglich.

Suspect it can be accomplished. If one applied the same principles used in pe playbook but tweaked with goal of sustainability vs maximizing shv it would almost certainly have to work. Sure there are unique labour challenges but there room if goal isn’t to pump and dump.  If suggesting the global economy is irredeemable and any business requiring turnaround is doomed to fail, that might be an argument with merit.  Perhaps this is a case for employee ownership; especially with governments desperate to maintain employment, historic significance of operation and government influence over banking indtitutions with hat in hand.  In any event, only an opening of the books and operational audit would provide information required to base the decision.

Sad if they are unable to reorganize. They survived after WWII, perhaps they'll be able to get government assistance, or loans through the private sector.

Get after it Dan. I'd love to help!

Too many posters on wet shaving forums fall prey to "insular" thinking and cling to the belief that hordes of people are switching to traditional DE/SE shaving and I just don't see any concrete data to buttress that belief. Merkur plodded along for years selling to a small niche market as there were no other real makers of modern DE razors. Then came the artisans and then the Chinese. It was a double blow to them I'm sure. Why would someone buy a Zamak Merkur when they can get a Chinese clone for under $20 (and often under $10) that is essentially the same item sans name? 

As I see it there are essentially three categories of DE shavers:

1.  those who use a vintage razor like myself

2.  those who buy cheap Chinese clones, Baili, RiMei, Weishi, etc. 

3.  those who buy hoidy toidy artisan razors and that is surely a very, very, very small percentage of an already microscopic market. I would lump those buying artisan SE razors into this group as well. 

You just don't read of people buying Merkur like they were five or six years ago. They were IMO essentially doomed when the Chinese started making blatant copies as it's a Walmart world nowadays and price sells.

If I read the article correctly, there seems to be intent to continue with a streamlined number of employees.


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Honestly, not trying to start a flame war or political debate. Get the WalMart analogy but think it superannuated. Suspect Western world has had an ass full of China and backlash underway even from EU. No society in history has created a thriving middle class by relying on slave labour - that lesson is about to be learnt in the West by the elite; the working populace knew it from day one back in 70s and been crying for relief for 50 years.

Now that the leadership class has been confronted with the true cost of slavery, suspect things about to change one way or another. Truth of matter is we shall see in short order.

Actually, its hoiTy toiTy. I only know because I had to look up how bad I was being insulted. You find lots of ways to be condescending. Congratulations.