Full story here:
http://www.motorcyclenews.com/MCN/News/ ... /Post.aspx
George Whites into Administration
Moderator: Staff
Re: George Whites into Administration
wow i know Tom that works there, 
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Croddman
- Learner Driver
- Posts: 297
- Joined: Mar 16th, '07, 11:54
- First Name: Colin
- Location: Burnham on Sea
Re: George Whites into Administration
I do feal sorry for all the staff however I do have to make this coment to the company that sold bikes at below cost price trying to put small dealers out of buiness and clothing that was 5 years old gavering more than just dust ...............
HAHAHAHAHAHAHHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHA
However I do also feal sorry for the past owner of GT Motorcycles who sold his company on a 2 year payment deal which has fallen through and he has now lost everything as they stripped the shop bare!
HAHAHAHAHAHAHHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHAHAHAHA
However I do also feal sorry for the past owner of GT Motorcycles who sold his company on a 2 year payment deal which has fallen through and he has now lost everything as they stripped the shop bare!
[img]http://i.imgur.com/LN3yf.jpg[/img]
Riding With Style
Mehhhhhh SpongeBob............
Riding With Style
Mehhhhhh SpongeBob............
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BladeMan
- Learner Driver
- Posts: 596
- Joined: Aug 12th, '07, 09:51
- First Name: Mark
- Location: Exeter on a R1, ZX10 Track bike
- Contact:
Re: George Whites into Administration
Yes I disk see 3 GW vans leaving Torbay in convoy, did wonder what was going on.
Re: George Whites into Administration
Rumour has it the Main Swindon store is re opening as a clothing outlet only. dunno how long for though.
http://www.visordown.com/motorcycle-new ... 20229.html
http://www.visordown.com/motorcycle-new ... 20229.html
Re: George Whites into Administration
Confirmed in MCN today. Motorcycle Auction this Saturday 10th March and then concentrating on clothing.
Auction of bikes on saturday, viewing on Thurs and Fri ...
Bikes for sale listing at above website
Three George White clothing stores will open this weekend under a new name of Mega Motorcycle Store, after a deal was agreed between administrators and a private investor.
Three clothing branches of George White, in Swindon, Bolton and Slough, will reopen under the Mega Motorcycle Store brand on Saturday 10 March and will be managed by former George White staff members.
All of the remaining George White stock that was held by administrators has been bought by Mega Motorcycle Store, with the new retailer aiming to continue “the clothing and accessory bargains for which the Swindon-based dealer was renowned”.
At present, there are no plans to sell new motorcycles although there will be an auction of more than 100 motorcycles that were held by George White before the retailer went under at the Swindon store on the opening day. Models can be viewed online or on viewing days on Thursday 8 March and Friday 9 March.
Former George White director, Steve Gannicott was reported by Visor Down as saying: “It was truly heartbreaking to see George White go under - not just for me but for all the lads and lasses who worked so hard to try and pull things round when trading conditions got so tough. It was the clothing and accessory bargains that really kept the company going when it could no longer offer the generous discounts on new bikes that manufacturers previously allowed.
“This new venture is going to concentrate solely on those clothing and accessory bargains that Britain’s bikers have become accustomed to. It’s really difficult to build a business plan around new bike sales at the moment because there’s so little confidence out there in the market. For now, we’ll concentrate on what we know works best for both the business and, of course, the customers.”
The online store and the motorcycle auction lot is visible on http://www.megamotorcyclestore.co.uk
Auction of bikes on saturday, viewing on Thurs and Fri ...
Bikes for sale listing at above website
Three George White clothing stores will open this weekend under a new name of Mega Motorcycle Store, after a deal was agreed between administrators and a private investor.
Three clothing branches of George White, in Swindon, Bolton and Slough, will reopen under the Mega Motorcycle Store brand on Saturday 10 March and will be managed by former George White staff members.
All of the remaining George White stock that was held by administrators has been bought by Mega Motorcycle Store, with the new retailer aiming to continue “the clothing and accessory bargains for which the Swindon-based dealer was renowned”.
At present, there are no plans to sell new motorcycles although there will be an auction of more than 100 motorcycles that were held by George White before the retailer went under at the Swindon store on the opening day. Models can be viewed online or on viewing days on Thursday 8 March and Friday 9 March.
Former George White director, Steve Gannicott was reported by Visor Down as saying: “It was truly heartbreaking to see George White go under - not just for me but for all the lads and lasses who worked so hard to try and pull things round when trading conditions got so tough. It was the clothing and accessory bargains that really kept the company going when it could no longer offer the generous discounts on new bikes that manufacturers previously allowed.
“This new venture is going to concentrate solely on those clothing and accessory bargains that Britain’s bikers have become accustomed to. It’s really difficult to build a business plan around new bike sales at the moment because there’s so little confidence out there in the market. For now, we’ll concentrate on what we know works best for both the business and, of course, the customers.”
The online store and the motorcycle auction lot is visible on http://www.megamotorcyclestore.co.uk