Monday, July 07, 2008

From the weekend papers
Real Groovy is up for sale. "Managing director Chris Hart told the Weekend Herald yesterday a bad foreign exchange deal had left the 28-year-old business in need of capital. With his business partners wanting to pursue other interests, he had no option but to offer the entire business for sale ... "New sales are only 28 per cent of our business, so it's not like it's a major component. We do a huge amount of second-hand sales. That's really the core part of the business. That's how Real Groovy started, and it's also responsible for giving Real Groovy the strength that it's got."More here.

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