Ann: Vita Group Market Update, page-28

This was inevitable. TLS hate any of their third party providers to produce better returns, financial or non financial, than they do. And when they do, TLS screw and screw and screw until the poor old third party is bleeding from every orifice. And once the third party stands up, dusts themselves down and gets back on with business, TLS come back at them again. It is never ending.

VTG is a case in point and I know of at least 2 other businesses that have been treated similarly over the last few years.

Don’t assume any generosity from TLS towards VTG as this comes to an end as TLS have never shown any generosity in the past. Don’t be surprised if TLS just say “We’ll run this to the end of the contract and just walk away from you with no obligations on us at all”. TLS will do everything in their power, plus more, to screw the business a few more times, for good measure, before final curtains are drawn.

Maxine won’t win this one. She hasn’t really won any of the past battles with TLS either to be brutally honest.