Tag Archives: clothes

clothes businesses closing

26 Apr

london 11.10am 8.5C sunny clouds. tuesday 2016

news of the bhs(british home stores) chain going bankrupt is in all the newspapers this morning. the name itself is so old fashioned. 

 i saw a small lead in the twitter news from my newsfeed that austin reed has gone into administration. it is a financial Times link which i could not read as they have a paywall. i am in the library and actually have today’s copy of the FT in front of me, but of course the news is so new , it does not appear in the print edition.

anyway i found a guardian article about it.  these are clothes businesses. cant say i know much of austin reed. and they are going bankrupt.

well, the shareholders (found out they are owned by venture capitalists), and the shopworkers thrown out of work, in those businesses will lose of course. but wont affect ordinary people very much..  in fact the fact that they are closing suggests that there are not many customers shopping there in the first place.or perhaps not… it might have a lot of customers and still be made to close. (i wonder whether austin reed owns the leasehold of their regent st shops; it had two, the first one across the street … it was sold in 2011 to superdry,  there must be some money , perhaps a lot of money! to be made out of that).

it makes me think about the dynamics of capitalism. some people go into business to asset strip it. i am not suggesting it is the case with these two of course. i am speaking generally, in that it is one of the reasons for buying a business. 

the other reason is that it is money investing in businesses that provides , (sell ) goods and services and incidentally provide the employment of people; and make a good profit doing so. and there are plenty of that in london, and uk in general, ( the bankruptcies are just part and parcel of the business dynamics) so that generally uk  draws in more people willing to invest more money in it, and that gives more employment and so the cycle flourishes.

i read a blogger in pakistan, where he says there is no work to be had where he lives, and any that is around depands on favours and contacts . there is a shortage of work opportunities because the economy is stagnant. in the past he tried to go to the middle east to find work, but was unlucky and was unable to  keep the job and had to come back.

places with vibrant job openings are drawing in loads of job seekers from other countries, and that may well be the reason why uk is so attractive to migrants. there are jobs here for them. and now with the increased minimum wage rate it is even more attractive to the world. the uk will welcome such people really, and by leaving the EU, it will open up such openings to the world, rather than just europeans and the migrants ramming its gates to enter now. it is the controlled entry  of such immigrants and workers that is the crucial factor. 

Digital StillCamera

Digital StillCamera

here is another viewpoint about the bhs collapse. its author is my mp, mark field. he is the mp for westminster and city of london.

local news

21 May

Was surprised to see my estate being featured in the news; with a picture of the clothes -drying area in my estate. They used lines strung on poles in a sunken area on one side of the estate. the area is sunken so it is not very visible. so much so that even though i walk by it everyday, I seldom see anything there.

I dont use it to dry my clothes because it is not  near my flat, it is too much of a walk to go there.

It is ideally placed for those who live in the block that fronts it. The houses u see in the picture do not belong to the estate, they are the back view of terrace lease hold houses.

It seems the authorities want to remove the poles, and say they intend to replace them with circular frames. The lines are better because each user can commandeer each line and don’t have to share with others. With the circular frames, u will have to share, and your washing may get mixed up with others.

Actually, the area is not often used for drying clothes, because the English weather is so prone to rain, that u don’t really want to leave washing there to get wet. It would be nice to have part of the area covered with a transparent roof, that would be more practical in terms of all weather drying.

It is an eyesore, of course. Undies waving in the breeze is not a beautiful sight. Haha. which is why i think if they cover it with a low lying transparent roof it would be visually pleasing. but it will cost money and i for one don’t want to pay for it. haha.

That is why so many places that are being gentrified are banning outdoor clothes drying. Hope they don’t do that for our estate. But maybe I can say that because I don’t have to look at it from my flat. I might change my mind, if I have to see it everyday.

Still, I think it is rare to see any washing there during any time of the year except summer, and even then it is not often. 

I personally would prefer to put out my washing in a balcony if i have one. It is easy to bring it in if the weather changes but this whole estate have no balconies . As it is, I dry my clothes indoors. I can use my spare bedroom for that purpose.

Also with balconies, there is no fear of theft. Not that anyone is interested in stealing my undies. I think people might be tempted to steal duvets or expensive bed sheets, or towels.

I am an advocate of air drying clothes instead of using a dryer. Using the sun to dry the clothes is even better, but the sun bleaches the colour, so use the sun to  dry white clothing, they will be dazzling white.