Company Dossier
Company

Ted Lapidus

2 Books2 Highlights29 Concepts

Ted Lapidus appears across 2 books in the Prime Movers archive, with 2 supporting highlights from primary source biographies. Linked to 29 strategic concepts.

Strategic Concepts & Mechanics

Primary Evidence

"If Bernard Arnault has any questions, he doesn't show it. In February 1985, he sold a factory of 140 people in Fécamp that produces women's ready-to-wear under the designer Ted Lapidus's license to the trio Benattar-Saban-Delanoë. The buyers create, for the occasion, a new company, the Union Textile de Normandie (UTN). They still pay on credit and receive 2.8 million francs in aid from Boussac; that is 20,000 francs per employee."

Source:l'Ange Exterminateur

"Far from the paneling of Avenue Montaigne, in Wambrechies, the next day, a meeting of the central company committee takes place. The agenda is spicy: proposal for job cuts and divestments of activities. The meeting is particularly stormy. The unions and the staff representatives cry out against the dismantling of the group. The divestments concern the tailoring unit of Le Pigeon Voyageur in Béthune, the tarpaulin and ropemaking activities of Saint Frères in Flixecourt, the Ted Lapidus tailoring factory in Fécamp, and the Raclet tents in Mamers. These divestments were already planned in the SADEF report and in René Mayer's three-year plan."

Source:The Crazy Epic of the Willot Brothers - From the Société Du Crêpe Willot to LVMH

Appears In Volumes