Is this the new jersey?
So is BLK still alive?
Their competitors would have bid on the contracts that BLK won.You think a clothing/textiles group that already has the factories and infastructure, and thus cost benefits of scale, wouldn't make some dosh off arguably the biggest Australasian based sporting apparel company?
At the end of the day they'd be purchasing a logo and the networks that go along with it.
Unless BLK owns the ongoing rights to produce and sell various teams' merchandise, I don't see the great value there. If they can pay cents in the dollar to acquire the rights to those teams then sure there is value there, but I don't think that is likely to be the case. To my knowledge some teams have already moved on to new suppliers such as the Brisbane Lions.
It's not like people go out and buy a BLK made team jersey because they like the BLK brand.
The main value (as a guess) would be in the volume of small customers who go through the BLK website to get gear made. I have no idea how much of BLK's business that encompasses.
AFL teams Richmond, Adelaide, GWS Giants, Brisbane Lions and Gold Coast Suns have already moved on to new suppliers.
HOW COULD YOU LEAVE OUT THE MIGHTY BULLDOGS!?!?!?
Sure, you make good points, but I do think it's a price is right proposition.
The fact is, it's a known brand in certain circles. If you owned Canterbury, would there not be value in purchasing it for the right price and simple rolling stuff out of the same factories, rebadged, until the brand loses value/existing relationships? I know plenty of industries where companies do this to generate the false feeling and competition.
I'd presume seeing as all the businesses involved are well informed (within reason) and that the people liquidating the company are keen to get the most value that they can, surely there's a middle ground?
Anyway, like I said, you seem to know your business cases in the space so you're probably right because I'm just going off gut-feel.
HOW COULD YOU LEAVE OUT THE MIGHTY BULLDOGS!?!?!?
Who the fuck are the Bulldogs?
No, please dont answer.
Is that the Grand Slam tennis champion?Too late...