Idar Vollvik gets rid of face mask stock – E24

The case is being updated …

Series founder Idar Vollvik, who for a time was banned from selling infection control products, says he believes the pandemic will soon be over. Now it is closing the sale of infection control products and eliminating the stock of face masks.

– Selling infection control products in general has not been a good experience for us, but it is still an experience, says Vollvik in a press release.

In early September, Idar Vollvik was arrested at his own home by the police, who at the same time acted against three of his company premises.

Police believed the former billionaire had deliberately repackaged face masks that were not approved for medical use and marked them as medical masks.

I think mask sales will decline

The series founder later admitted to repackaging the bandages, but denied his criminal guilt. Subsequently, the police also claimed that several of his masks, which were tested during the investigation, were of better quality than feared.

Vollvik was prohibited from selling the sanitary pads. This was abolished after a while, and in late September Vollvik stated that he was continuing to sell face masks.

On Monday, Vollvik says they estimate that this market for some products may last for some time, but that especially the sales of face masks will decline during the first half of 2021. Now it has started to discontinue sales of the products.

– We emphasize that it is an approved nozzle in accordance with current requirements. We want to give people access to affordable goods, rather than keeping large amounts of goods in stock when the pandemic ends, says Vollvik.

Millions in stock

Vollvik and his companies will now focus on items with which “they have a good experience from the past, such as party costumes, clothing, home furnishings”.

– We have millions in stock and in five or six months the market will disappear, so we would rather sell at cost price now than keep a full container when this is over, Idar Vollvik tells E24.

Now the price of bandages has dropped dramatically.

It has been several hundred thousand today. It’s a record and while we shipped a full mail van today, there will probably be more tomorrow.

– Today we are not running out, but we see that they sell us land, says Vollvik.