Threshers
Who has survived the wholesale withdrawal of trade credit insurance?
Following Threshers move into administration, the team at XPD were racking their brains last night to come up a retailer which, in the past eighteen months, has survived the withdrawal of trade credit insurance by the major insurers.
XPD are developing a number of "survival strategies" and action plans for retailers which have suffered (or are about to suffer) the impact of credit insurance being withdrawn. Blacks Leisure is one example but only after significant debt restructuring and even then....can they ride it out??
Intrested in any views as we develop our offer.
You can find out more about XPD at www.xpduk.com.
Hugh Edwards
Hugh Edwards is the commercial director of XPD Business Solutions. In the past 10 years Hugh has played a leading role in the executive team which transformed the fortunes of the Thomson Travel Group, leading to the sale of the business to TUI in 2001. Hugh moved on to lead the commercial turnaround of P&O Ferries which was sold to Dubai Ports World in 2005 before joining the new executive team at Terra Firma owned Brighthouse Stores which was successfully sold to Vision Capital in August 2007. Hugh's early years were spent at RHM Foods, Mars Confectionery and in senior roles within Kingfisher and DSGi.
Hugh founded XPD Business Solutions (www.xpduk.com) in December 2008 with three former colleagues.
You can contact Hugh at hugh@xpduk.com.
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