RICHEMONT – SWISS WATCHMAKING AT RISK #3 (free access)
Ten strategic recommendations to karcher-clean the Augean stables (open letter to Johann Rupert)
Thus, according to financial analysts who attended the final presentation of the calamitous performances at the last general meeting of Richemont, Johann Rupert seemed very upset by these "unacceptable results". Really? And who is responsible for this "fiasco" as he says? Apart from him, who named all the management in place and approved its strategic decisions, it is not clear who would be at fault. Let's be charitable and post to his attention an open letter, with some recent good advices before he leaves his post, as he recently announced... This open letter has been sent, today, to the private e-mail of Johann Rupert...