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02/08/23
10:11
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Originally posted by Stefanova:
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I am not sure that Scott Evans quote means much for MOZ. When times are tough, all retailers are on sale and the question is whether the MOZ inventories can compete against discounted products from other retailers, particularly those which are normally out of reach for MOZ customers. Don’t forget that Scott Evans has presided over a massive destruction in shareholder wealth, with market cap less than it was 10 years ago . He supported the acquisition of Ezibuy from a major shareholder for $11m, only to put it into administration within less than a year, put MOZ in the headlines for underpaying staff and selling dodgy hand sanitiser and had the company featured on A Current Affair for poor delivery and service. All along, lining his own pocket: >$2m last year. DYOR
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It has been a sad & sorry decline since the days when it was Millers Group .