When reclaiming a brand after liquidation, businesses face the challenge of managing accumulated inventory, which can amount to years worth of stock requiring significant liquidation efforts, as demonstrated by a case where 800,000 pounds of product had to be liquidated.
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From liquidation back to business: The brutal reality of reclaiming a brand.Added:
So, right before my partners and I got our bought our brand back, Thrasio liquidated tons of our inventory. And indeed, when we got it back, we also had to do the same. We had eye-watering amounts of inventory, and we had no choice. Unfortunately, we >> How many years worth of inventory, or months worth of inventory, did you have?
>> I mean, years. Y- I I mean, years of of inventory, right? I mean, we we So, we liquidated something like 800,000 pounds as in like the currency, not the weight, of product.
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