Sale of Company
In the early 1990s the British Shoe Corporation converted approximately half of the 540 Freeman Hardy Willis branches into Hush Puppies shops and sold the remainder to Stephen Hinchliffe, an entrepreneur from Sheffield. After only a year, Hinchliffe's business empire collapsed. He was subsequently jailed after it was found that he bribed bank officials to obtain loans to buy the company. After providing "Shoes For All The Family" since 1875, Freeman Hardy Willis was no more by 1996. After closure, 44 former FHW branches were sold to Stead & Simpson.
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Famous quotes containing the words sale of, sale and/or company:
“I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship, or the sale of goods through pretending that they sell, or power through making believe you are powerful, or through a packed jury or caucus, bribery and “repeating” votes, or wealth by fraud.”
—Ralph Waldo Emerson (1803–1882)
“I hate this shallow Americanism which hopes to get rich by credit, to get knowledge by raps on midnight tables, to learn the economy of the mind by phrenology, or skill without study, or mastery without apprenticeship, or the sale of goods through pretending that they sell, or power through making believe you are powerful, or through a packed jury or caucus, bribery and “repeating” votes, or wealth by fraud.”
—Ralph Waldo Emerson (1803–1882)
“We noticed several other sandy tracts in our voyage; and the course of the Merrimack can be traced from the nearest mountain by its yellow sand-banks, though the river itself is for the most part invisible. Lawsuits, as we hear, have in some cases grown out of these causes. Railroads have been made through certain irritable districts, breaking their sod, and so have set the sand to blowing, till it has converted fertile farms into deserts, and the company has had to pay the damages.”
—Henry David Thoreau (1817–1862)