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Monday, 12 Tammuz, 5779
  |  July 15, 2019

    Report: Borsalino Going Bankrupt

    Will they raise prices to remain afloat? The Borsalino hat company is deeply in debt and on the verge of bankruptcy. Full Story

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    crocodile trears.
    Guest
    crocodile trears.

    better them, them all of us.

    anyway, i doubt the “report”

    Photo  #3
    Guest
    Photo #3

    Very funny !!!

    maybe a frum hat wearer will buy the company and run it well and actually lower the prices !!!

    ALFRED E NEWMAN
    Guest
    ALFRED E NEWMAN

    A PURIM JOKE!
    THE REBBE WORE STETSONS ALSO!!!

    How much???
    Guest
    How much???

    how much did you say the hats worth in the Shluchim photo?

    MR ALBER TINI
    Guest
    MR ALBER TINI

    How can they go bankrupt when unzerer are prepared to pay $300 a hat?

    Last Photo
    Guest
    Last Photo

    Caption surely means to say $1,200,000 as in 1.2 million.

    Maybe it’s time for the establishment of a Jewish company to develop a top quality fedoras for the Jewish market…

    This is great news
    Guest
    This is great news

    Now bocurim will be comfortable buying inexepensive fedora hats. Good by Borsalino, thanks for the memories.

    More
    Guest
    More

    3000 shluchim x 250$ = 750 000 $

    shluchos picture
    Guest
    shluchos picture

    Worth millions in shaitels!

    Aaron
    Guest
    Aaron

    BS”D great hats if it never rains

    exactly
    Guest
    exactly

    lower the prices and more pwople will be able to afford them as simple as it sounds

    Hopeful
    Guest
    Hopeful

    iy”H, they will go bankrupt, and it will become socially acceptable to wear affordable hats.

    kaskets is the way to go
    Guest
    kaskets is the way to go
    picture
    Guest
    picture

    Not to mention how many cows are slaughtered for the leather shoes. Sheep for the……….

    buy akubra
    Guest
    buy akubra

    Buy akubra
    reasonable prices
    rain and snow proof
    trendy styles

    bencraft
    Guest
    bencraft

    hatters bought bors more than 20 years ago

    they make such a good hat
    Guest
    they make such a good hat

    They last years

    Purim
    Guest
    Purim

    this sounds like a good Purim joke.
    LOL

    Profit
    Guest
    Profit

    Could be that they were charging too little for them if demanded by the retailers, I would say the retailers were the ones making a huge profit. How much can it cost to make such a hat? $30, $40, $50. Do the math, the shops were probably making 200+ bucks on them!

    Numbers don't add up, looks like mismanagement
    Guest
    Numbers don't add up, looks like mismanagement

    In 2013 the company suffered a net loss of almost 22 million euros as revenue fell 11 percent to 13.6 million euros

    shluchos picture
    Guest
    shluchos picture

    Worth millions in shaitels!

    To #20
    Guest
    To #20

    The article did not state that an 11% decrease of 22mm = 13.6 million. It is simply illustrating, poorly and without full context, that the 11% decline in revenue contributed (not wholly) to a 22 million net loss.

    Revenue contributes to the net amount, but it isn’t the only item that factors into the net value. Perhaps the company’s costs increased while sales declined, causing an even greater net loss than the previous reporting year.

    I hope this clarifies it for you. Be well.

    SH

    Berets?
    Guest
    Berets?

    i have worn a beret for years now. Water proof, shape retentive, affordable. They would have been very practical pre Gimmel Tammuz for shorties struggling to get a peek who only got to see hats. A pity!…

    you fooled me!
    Guest
    you fooled me!

    for some reason this happens by purim what a coincidence! lol

    true cost basis on estimated grp pic
    Guest
    true cost basis on estimated grp pic

    $120,000 /4000 = $30
    $120,000 /3000 = $40
    $120,000 /3000 = $40
    $120,000 /2500 = $48.
    $120,000 /2000 = $60
    $120,000 /1500 = $80
    $120,000 /1000 = $120

    Huge spread shop owners

    a good buyer
    Guest
    a good buyer

    if it goes out of buisness who will ave that quality in a fedorah

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