Image - Français : Philipp Plein dans son salon photographié par Gil Zetbase
Dear Nik,
Please keep this anonymous. I’ve intentionally kept details vague, but I’m talking about the UK.
I worked for one of the brands PeePee acquired years ago, and honestly needed years of therapy after leaving.
Before the takeover, the brand was profitable, the quality was excellent, clients spent heavily, commission was great and the team was happy. Once PeePee took over, everything changed. The quality dropped, most loyal clients disappeared, and our turnover fell by at least 50%, continuing downhill every year.
PeePee also started reproducing our signature trainers and bags under his own logo, blurring the brands together. It became embarrassing explaining this to clients, especially those who wanted nothing to do with him.
As sales declined, daily emails about takings became increasingly insulting, along the lines of “have you even opened the door?”. Some senior management were also deeply unprofessional, constantly commenting on female staff members’ appearances during visits. PeePee himself always seemed completely coked out and behaved irrationally.
Suppliers were constantly paid late. Honestly, I’m not even sure our tailor was ever paid after I left.
But that was nothing compared to what was happening in PeePee’s own store. They literally moved the entire shop overnight because the landlord was threatening eviction over unpaid rent.
1 comment
If a business is already facing eviction, it usually means there has been a significant rent deficit for some time this doesn’t typically happen immediately after just one or two late payments.
From the outside it often seems to happen suddenly (“Eviction!”), but that’s not the case there has been a prolonged non-payment of rent.
He’s a total fraud!