Mountain Buggy in receivership
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Topic: Mountain Buggy in receivership
Posted By: minik8e
Subject: Mountain Buggy in receivership
Date Posted: 16 January 2009 at 7:46am
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Wow, with their popularity this is one of the last companies I would expect to go into receivership!!
http://www.stuff.co.nz/4820014a13.html - Linky |
Replies:
Posted By: .Mel
Date Posted: 16 January 2009 at 8:08am
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OH dear - I read it as the manufacturing plant that was going into receivership..not Mountain Buggy?? ------------- Mr Mellow (16) Miss Attitude (8) Destructa Kid (3) 
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Posted By: jaycee
Date Posted: 16 January 2009 at 8:25am
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Mountain Buggy is a part of the company (a very big part probably) - the whole thing is in trouble. They are going to try and trade their way out of trouble but as 90% of their business is export of Mountain Buggies, I imagine it will be pretty hard. -------------   
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Posted By: flakesitchyfeet
Date Posted: 16 January 2009 at 2:38pm
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Oh bugger.
I want one of them after we have #2, maybe I should get in now. -------------  http://lilypie.com"> |
Posted By: myfullhouse
Date Posted: 16 January 2009 at 8:21pm
Bugger is right! I was going to sell my sgle MB and buy a dble for when baby arrived  ------------- Lindsey 
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Posted By: kriss
Date Posted: 16 January 2009 at 10:34pm
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Oh no, doesn't sound good. Better get in quick, i'm trying to think of accessories for our buggy to buy before prices go up on TM etc.. ------------- http://lilypie.com"> 
http://lilypie.com"> 
 Little Angel, April 10
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Posted By: Mum2L
Date Posted: 17 January 2009 at 2:00pm
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I wouldn't panic as such yet, they are in receivership, so can still continue trading.
But in saying that, I should probably get a MB sleeping bag for my Urban Elite, as it gets bloomin cold in Wellington during the winter! But I love their products, it is just a shame that they are in this situation. I think if they didn't rely so much on exporting their products, they wouldn't be in this situation. ------------- http://lilypie.com"> 
http://lilypie.com"> 
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Posted By: jazzy
Date Posted: 25 January 2009 at 7:25pm
| well I had better hurry up & get maybe on special. |
Posted By: sweetpea
Date Posted: 27 January 2009 at 10:47am
| Time will tell what happens I really do hope that they stay but it looks like the manufacturaing of them may end up going overseas like so many other NZ products. we are just too far away from so many markets. |
Posted By: weegee
Date Posted: 25 March 2009 at 4:28pm
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Wow! Mountain Buggy have been bought by Phil & Teds!
http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10563480 - Link to story Phil&teds said the purchase would mean "business as usual" for Mountain Buggy for the next six months, and stressed taking manufacturing offshore was not part of its philosophy... "Phil&teds will run the Mountain Buggy factory in New Zealand before making any decisions. The key is to be internationally competitive," Throughout the sale process all parties had recognised the success of the Mountain Buggy brand, and had expressed a desire to see the continued growth of its product reputation, he said. ------------- 
Mum to JJ, 4 July 2008 & Addie, 28 July 2010 |
Posted By: jaycee
Date Posted: 25 March 2009 at 4:43pm
yes - I just read that too. I think that it is great news and will hopefully keep most of those NZ jobs going. What a relief for the staff.  -------------
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Posted By: jazzy
Date Posted: 28 March 2009 at 12:00pm
| wow, I hope jobs are safe also. I have had a P&T before & MB, would like to see a combination of the two so look forward to seeing new buggies. |