Micky
π€ SpeakerAppearances Over Time
Podcast Appearances
Then all of a sudden, there was a European court ruling regarding
They got fined.
Price fixing with people like with Rangers and Sports Direct.
And they got hit with massive fines.
I mean, millions and millions of pounds worth of fines.
I think, you know, we're talking massive fines.
And I think the lead group had about a 900 grand fine.
And literally, just after that all become public, two weeks later, they went pop.
But they were printing stuff and making stuff.
I read it was 9 million, by the way.
I think that was Sports Direct or Rangers.
But yeah, I think they had about 900,000.
But then, like Hashtag says...
They were basically, they're supposed to have agreed, you know, they had a non-exclusivity on the brand, which basically means, because we've looked into this, basically means that I could design anything with a brand on it, send it to the brand owner and say, are you okay with this?
They then say, yes.
We then go get the merchandise made and sell that item and pay them a small commission, which is obviously the same deal what they had.
It's a small commission, normally 10, 15%.
But they were making stuff as fast as they could without necessarily gaining all the rights or gaining the permissions purely to just try... It was as if they were just trying to turn it over.
And if you watch the hashtag, it's what they say happened.
You know, I'm using their words from their video.