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Bike shops in visit homepage 'closing down' sale warning Two bike shops have been warned by the commerce commission for holding closing down sales but not actually closing down. Bike vegas in rotorua and penny farthing cycles in auckland received warning notices from the commerce commission advising them to stop promoting closing christian louboutin 2013 down sales or risk prosecution and a hefty fine. The commerce commission general manager competition branch kate morrison said they started investigating the stores in january after finding out bike vegas had been holding a closing down sale since october 2011. Morrison said bikes international limited took over bike vegas in july 2011 and started advertising a closing down sale that was still running until march. "The commission's investigation found that bikes More information international planned to rebrand bike vegas as bike barn, but never intended to close down the store.The company even brought in additional stock to sell during the sale,"She said. Bikes international also took over penny farthing cycles, on symonds st, in june, and advertised a closing down sale in october which continued into the new year, the commission said. If prosecuted by the courts under the fair trading act an individual could face a maximum fine of $60, 000 for each offence and a company a maximum fine of $200, 000 for each offence. "The fact that bikes international had no definite closing down dates when it started the sales, kept the sales running for several months and brought in extra stock was at odds with the concept of a closing down sale.In our view, a closing down sale must offer reduced prices for a limited time only and must have a definite closing down date. Customers often change their shopping habits to take advantage of the special and limited opportunity a sale like this represents.In cases like these, not only can louboutin pas chere customers be misled, but competitors may also be disadvantaged,"Morrison said.

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