Two Wrongs Don’t Make a RightI was riding on the crest of a wave by the time we entered 1992. Tickled Pink was heading for its best season ever, with £2 million worth of forward orders on its books, and all four brands were performing well on the high street. I was proud of what we had achieved – and all in two and a half years. My long-term plan was to build up to £5 million worth of forward orders per annum before selling Tickled Pink to the highest bidder.We had spent eight months in lengthy negotiations with a large manufacturing company who had offered me a £3 million buyout over three years. This sum was based upon my forward orders and, more importantly, my contacts book, a valuable list of customers that would expand any company’s penetration into the retail market. We were three days away from completing the deal when the news hit the press that the chairman of the company concerned had been arrested for embezzlement. Of course, the deal fell through.As if that wasn’t bad enough, weeks later, something even more catastrophic occurred: the recession hit the high street.
What do You think about A Pocketful Of Holes And Dreams?
