Some of you may have heard about the ugly break up between the promoters and management at the downtown night spot the Cotton Exchange. The promoters claim the owners were all about the dollar and wanted a different clientèle in the club on what has been dubbed Prestige Saturdays. Now the management of the club is responding to the allegations. Here’s the statement issued to the Insite:
Ladies and Gentlemen,
We, the Cotton Exchange Bar & Lounge, thank you for your valued and continued loyalty to our establishment. You may have read negative and slanderous statements about the Cotton Exchange Management and we assure you that none of those statements are true. To the contrary, our decision to terminate our relationship with the Saturday Cotton Exchange Promotion Team is due to your complaints about the continuing decline in the reputation and style of Cotton Exchange.
Cotton Exchange has always been renowned for its style and sophistication, hence the name “Prestige Saturdays”. However, lately, you may have noticed over-priced parking, over priced entry fees, patrons being required to wait in long lines for the appearance of a packed house, and lack of courtesy and professionalism by the door staff to patrons. Although attempts have been made to resolve these complaints, the Cotton Exchange Bar & Lounge have decided to take matter into our own hands.
We have heard your complaints and refuse to allow the reputation that we hold near and dear as being “The crème de la crème of clubs” to be lessened by greed. The tastelessness of the smear ad campaign by these Saturday night promoters (pictured in their smear campaign ad) illustrates the lack of sophistication and style that we at Cotton Exchange want to continue to exude for the benefit of our patrons.
Do not let their negative comments and deceitful words detract for your continuing to hear great music, have a great time and be around great people at THE COTTON EXCHANGE.