|
Re: Weijiang raided
Interesting to see that Weijiang didn't do any of the design work in house, but rather "bought" the designs from a third party. Who looks to have sold them out, according to the article
Not a bad little scam for the designer. Take a toy apart, workout the design to replicate, then sell it to someone for 10% of sales. Which in this case was $14 million, so $1.4 million, if he was the only designer. He probably sold them out to save his own butt, which is why I'm surprised they didn't do the work in house to provide an extra layer of protection. Too many cooks in the kitchen and all that
I guess Weijiang got a little too big and drew some unwanted attention. Wonder if the owners will see jail, or escape to rebrand?
Last edited by canprime; 07-24-2020 at 10:08 AM.
|
