How a successful yarn company faced bankruptcy

Today we're talking about the ups and downs of Knit Crate and what ultimately led to its bankruptcy.

[@SarahSparkleYarns]

I've not ordered any subscription boxes before. If I did it would probably be a Paradise Fibers spinning box, because I'd probably like most of what is in it.

[@paulaward1913]

Just discovered your amazing channel. Thank you for all the dyeing videos. Subscribed, Polly from New Zealand

[@kandykate163]

I did their sub box and I was upset that they never told us anything. It would of taken about 2 months for that months box to be sent out. I may have lost my last months sub box cost when they sent out that notice

[@laracraft82]

There're is some good lessons here as in keeping your customers in the loop and their manufacturers perhaps not communicating enough with them dont know. It just seemed to be one thing after another with the company, the pandemic was just bad luck as sadly that effected many small business. I can see why now that they say always 'have a cash overflow' so when things like a loss of sales you can recover from it as very sad otherwise when you loose your livelihood 😮😏

[@kathrynb130]

I had a subscription but when they started having delays regularly a couple years before the pandemic I quit. Didn’t know anything about a workers strike not sure it was the same time frame even.

[@cottagekeeper1044]

Thank you so much