Wednesday, August 11, 2010

Australia Fights Back!: Ed Hardy Goes Belly Up Down Under

—–
Ed Hardy Operations calls in voluntary administrators

By Edmund Tadros, Business Editor
From: news.com.au
August 11, 2010 12:48PM

CELEBRITY cult fashion label Ed Hardy Operations has gone into voluntary administration, just weeks after it suddenly shut down its six Westfield stores.

The company appointed Deloitte partners Simon Wallace-Smith and Tim Norman as voluntary administrators of Ed Hardy Operations and Ed Hardy on Monday.

“The appointment only relates to Ed Hardy’s operations in Australia and not the Ed Hardy group internationally,” Deloitte said.

Mr Wallace-Smith said the brand was hurt by slowing sales and competition from other retailers.

“The aim of the voluntary administrators will be to evaluate the financial position of the companies and to investigate options to restructure the business,” Mr Wallace-Smith said.

The administrators will continue to operate six stores and shut down the remaining four stores.
—–

“Administrators” is Oz-speak for bankruptcy. Read more here.

Good show, Road Warriors!! There is a chance we’ll win this war between hope and hair grease yet.

EDIT: Australia’s not free of douchebags yet.

# posted by douchebag1
3:57 pm August, 11 DarkSock said...

OI!

4:04 pm August, 11 Blinded by the Shite said...

Throw another pimp on the barbie.

4:12 pm August, 11 Blinded by the Shite said...

Not enough wonga? Strewth!

4:13 pm August, 11 Blinded by the Shite said...

Didgeripoo.

4:15 pm August, 11 Blinded by the Shite said...

Pear Dinkum?

4:18 pm August, 11 retard said...

Next up.. . .Axe!

4:51 pm August, 11 Thadius Maximus said...

Hey, Mr DB1. HCwDBs is linked from BIKE SNOB NYC.

Here come the Brooklyn Hipster bags to investigate….

4:58 pm August, 11 Blinded by the Shite said...

@Tadius Maximus, just realised that, but I’m already here. BSNYC/RTMS the second greatest blog in history. Pity all the commenters there are retarded.

Fuck, I’m drunk.

5:04 pm August, 11 The Devil wears Hardy said...

Flamin-heck – I’ll provide the gasoline for the fire sale

5:23 pm August, 11 End the Haberdouchery said...

We must celebrate the small victories. Tonight I shall have an extra glass of high gravity malt liquor before I go to work with a can of shortening and archived pictures of Francine.

6:20 pm August, 11 Wedgie said...

…Mr. Wallace-Smith said the brand was hurt by slowing sales and competition from other retailers… and the fact that the product line is not very good.

6:24 pm August, 11 Guid is Good said...

If you ride a BMX and you’re over 12 years of age = douche.

6:26 pm August, 11 Dr. Jocelyn Elders said...

Now you goes and gots me all hot down in my panties. I love them Ausraylyans. They all tan and hot and kayaky and shit. They likes to drink them selves fucckin nekked on da malt. That kayaki homey is some fine boy to be getting my pipe on with so bad I am gonna have to macerate myself. Before I start massabaten the Dr. has got to get her fry on yo.

7:30 pm August, 11 Chris in 'Baghdad said...

Thank GOD for the Aussies…even when piss drunk all the time they occasionally get it right!

7:45 pm August, 11 skrag2112 said...

Yes! A crack appears in the wall of douchedom!

8:34 pm August, 11 Douchey Lewis and the News said...

I am I the only one to notice that they lost due to increased competition form other retailers. Can you imagine the douchyness of a clothing line that killed Ed Hardy. It’s douche evolution in action. Soon these companies will be like antibiotic resistant diseases. The 4 horsemen are here people…and they’re wearing a scull tat shirts with matching belt buckles!

8:59 pm August, 11 Vin Douchal said...

I don’t care. I’d fuck Audrina Patridge in the mouth until she was toothless. But first I’d get a vaccination

9:40 pm August, 11 Mr. Scrotato Head said...

The best thing about Audrina appears to be that she could work your cockk with her boobs standing, sitting, and lying on her back, all without you having to move a muscle.

9:48 pm August, 11 Battlescrote Galactica said...

A TOAST TO A MAJOR VICTORY!!!!..

But let this celebration be short lived, as I agree with Douchey Lewis and the News regarding the fear of a more insidious strain of the Grieco Douchescrote Virus has mutated once again into something so powerful that it could strike a genocidal blow to an entire nation’s stronghold of Ed Hardy Stores!!!

Brace yourselves Baghunters, as a foe greater than Christian Audigier may walk amung us…

“The Bad Boy Club” brand has also been exhumed from it’s shallow grave in the early nineties and mutated into “Bad Boy”, dropping “Club” altogether, allowing it to move quicker through the bloodstream and deeper into soft tissues causing “tribal-like” lesions to appear on the skin…

Pray for a cure, until then, lock and load!!!

10:07 pm August, 11 Steve L. said...

just how many Ed Hardy stores are there in Australia, if the article is any indication?
bankruptcy could not have come fast enough.
makes you wonder how many Ed Hardy stores there are in Canada. haven’t seen any in Vancouver or Calgary, but if i have to guess, the majority are probably in Toronto and Montreal.

10:40 pm August, 11 tall guy said...

Yes!

This is the same store I was referring to on a recent post. I recently attended a funeral in Bondi Junction and being early I wandered in. I was spotted as a first timer in an Hardy emporium by the nubile sales assistant, who asked me ‘what I thought of it all’? Words momentarily escaped me, but I managed to blurt out that I was a fan of certain websites that mock the douche – its first cousin is referred to as a ‘bogan’ in Australia. Similarly, the term can be a noun, adjective or verb.

As a side note on Douchy Lewis and the News’ wry observation: Westfield (aka a company with a massive portfolio of shopping malls), where this particular branch of the Hardy plague formerly traded, is a powerfully alluring magnet to purveyors of practically everything the young or oldbag douche eagerly ponies-up their spondoolies for.

10:54 pm August, 11 Anonymous said...

“WTF Weekly Specials” !
Look, 40% off shit is still shit. Unfortunately the robust Ed Hardy strain is here to stay for awhile, even if some stores are closing. Remember how long it took Disco records to thin out in the cut-out bins at Walgreens? The crap is like toxic waste. It should at least be incenerated for fuel. I’m gonna go clean my Mossberg now.

10:54 pm August, 11 Anonymous said...

^Baleen

11:07 pm August, 11 Baleen said...

fuccen WordPress.

12:01 am August, 12 Wheezer said...

Finally some fuccen justice in the world.

6:00 am August, 12 DarkSock said...

@ Baleen
.
All these years later I find I kinda dig “Born To Be Alive” and “Funkytown”.
.
.There, I said it.

6:02 am August, 12 DarkSock said...

““Administrators” is Oz-speak for bankruptcy“.
.
.
“Ed Hardy” is

    anagram

for “Day Herd”.

6:16 am August, 12 DarkSock said...

Christian Audigier is anagram for
.
Urine Acid Art; I Sigh…
.
I Shit Again; Rid Cure
.
Charities Dig A Ruin
.
A Criteria Hiding Us
.
A Hindi’s Cigar Uteri.
.
I Ruin A Disgrace Hit
.
Curried, I Shit Again
.
Airing Shit-Aid Cure

7:39 am August, 12 mr.reeve said...

All this means is the knock off Ed Hardy crap shirts made in Australia are cheaper. Hold off on the celebration.
Speaking of celebrating. Audrina had some lip action going on in one of the last pics. YYEEAAHHH!!!

8:27 am August, 12 Deltus said...

It’s great to see, though, that our fight isn’t for naught. We will be victorious, eventually.

8:50 am August, 12 End the Haberdouchery said...

A Hindi’s Cigar Uteri, LOL

10:19 am August, 12 Medusa Oblongata said...

See my post in the “E tags a bag” thread. This is God punishing douchebags for disrespecting the rosary.
.
And this is also Karma punishing Ed Hardy and Christian Audigier. Ed’s realized his mistake via humiliation and discrediting, now he’s taking a fiscal beating. Audigier, however, is more cockroachian and is going to need a harder kill than losing stores. Might I suggest being skinned alive with a spoon?

4:42 pm August, 12 Whoop-Di-Douche said...

They just got kookaburied by the competition.

6:17 pm August, 12 Anom said...

Well done Austrailia, well done. This could be why Austrailia’s economy is doing better than ours.

6:18 pm August, 12 Anom said...

Evidentally I can’t spell Australia.

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