caption birth_place nationality footnotes birth_date residence article_title education name
english entrepreneur london , england british rolls razor 1931 marbella , spain john bloom -lrb- businessman -rrb-
 hackney downs school john bloom
john bloom -lrb- businessman -rrb-

john bloom -lrb- born 1931 -rrb- is an english entrepreneur , best known for his role in the ` washing-machine wars ' of 1962-64 , when he drastically reduced prices by direct sales that cut out the retailers .
his company rolls razor made great inroads into the market , but several manufacturers obtained injunctions to stop them selling at below the fixed retail price .
his operation was also hit by a long postal strike , and the withdrawal of a major backer , forcing the company into liquidation .
bloom was a controversial figure , whose aggressive techniques shook-up a complacent market , but who gave new power to the consumer .
his often-repeated motto '' `` it 's no sin to make a profit '' '' became the title of his memoirs .
