Salary: a "key" and entered into negotiation stage definitions and crack even the "roof Calo"
In March 1998, when The Exxel Group paid $ s8 million Coniglio, the brand founded by José Ignacio De Mendiguren, was the undisputed leader of the children's clothing business.
By then, the label added 50 stores and an estimated 60 million-dollar check. But in less than five years and hand the Exxel Group, the company became snippets of what he had become.
At that time it was played each of their premises and lost the top spot in sales Cheeky hands and Mimo & Co, two family firms lead the market today. It was a convenient label for controlling Vesuvius-until then-and therefore the traditional bunny icon was was disappearing.
Having wanted to fight in the market, down the blind. In 2004 a group of entrepreneurs led by builder George Greco and Hinz family was revenge. "The brand had disappeared, but the customers did not know why. Luckily, the positioning, the level of recall images bazzar and perception of product quality is not devalued," claimed to Apertura.com Greco, from the new showroom Córdoba Avenue.
They had plans to open 22 branches and franchises up positions. No entry fee required nor royalties to potential partners, but a payout of $ 20,000 for furniture images bazzar and between $ 50,000 and $ 70,000 in clothing.
The aim was to bill about $ 5 million in a first stage. The results, however, were far from the initial dream. Today, ten years later and after several failed attempts also included equity transfers the company ended in bankruptcy and finally in the current bankruptcy was declared Wednesday in the Court No. 26, Secretariat No. 51. Deadline images bazzar for verification of credit extends to August 11 and is the designated trustee Vergara, Sala, Spinelli and Associates Study.
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