Is Crafters Companion in financial trouble ? Just asking for a friend !!!
Is Crafters Companion in financial trouble ? Just asking for a friend !!!
Apparently, it was just about to go in to administration but Sara Davies has stepped back in in an effort to fend off insolvency. Tricky days ahead, I think.
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I wasn?t aware that Sara had taken a step back from CC. She only has a 40% share now and her husband wasn?t CEO anymore. There was a management team in charge and it appears they weren?t very good. So Sara and Simon have stepped in to try and get it back on track. If anyone can turn it around then she can.
I am out of touch. Had no idea even that Sara wasn't still in charge.
Shows how out of touch I am as I didn't know anything about this. I had noticed that they seem to have one long sale these days,.
I didn't know anything about it either.
Roz
Always look on the bright side, if you can't find it then polish up the dull side.
https://rozneedlesandhooks.wordpress.com/ My Blog
Interesting... the Create and Craft website takes you to Hobbycraft now.
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Gosh that is interesting! Are they still on QVC UK and the US shopping channel? I find them like HunkyDory on HobbyCraft, not very interesting to watch.
Found this which explains what has happened.
https://www.chroniclelive.co.uk/news...fters-30737172
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