I’m pretty sure that many of you have read about the impending (possible) demise of this well regarded brand. It would appear (obviously I cannot be sure) that someone has been covering things up from the board. If this is the case I’m intrigued to know how this was managed without anyone noticing. It takes more than an FD to cover something like us up (not that I am accusing anyone!) so it will be interesting to see how things develop and what facts emerge.
For the moment my sympathies are with everyone who relies on the brand for a job. I know one of the non execs slightly and I cannot imagine what they are currently going through