So there is a lot of chatter about Weekenders going out of business and filing for bankruptcy by shutting its doors with little to no notice given to any of its distributors. Well now it seems that distributors are starting to flood eBay with products to try and recoup some of their investment since it seems the company has been impossible to reach. As of this posting, there were over 140 items listed for sale.
The company, which appears to have been experiencing some rough financial times for a while now, apparently was in default of a loan they had taken out to an international bank (we are trying to find out which bank). It seems that when the note came due and Weekenders couldn’t pay, they were forced to file bankruptcy protection.
The move by some of the distributors to use eBay to recoup some costs is a great idea and one that I am sure we will see more and more of this in the coming weeks.
Popularity: 18% [?]
Weekenders items have been actively sold on eBay for years - 140 pieces posted is nothing unusual.
Comment by Ohio coordinator — June 24, 2008 @ 4:48 am
It is actually closer to 500 now and growing.
Comment by Steven — June 24, 2008 @ 5:33 am
My recommended eBay search for anyone looking for Weekenders clothing is “weekenders -handbag -purse”. Even so, you still get some hits that are not Weekenders brand.
Comment by Ohio coordinator — June 24, 2008 @ 5:48 am