Sunday, February 8, 2009

Mountain Buggy in Receivership

I just saw some news that really shocked me! On January 12th, 2009, Mountain Buggy was placed in receivership due to "significant debts."
According to some managers it seems that sales dropped by a third last year. I wonder if it has anything to do with the fact that they raised the price so high on the 2008 models which caused sales to slump.
Their strollers are amazing-I hope they manage to find a buyer.
See the statement here:

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