Restructure First, Monetize Later

"We are experts in the 'turnaround' of companies in crisis: Almost all of the companies that I take over first have to be restructured to survive.""

"Even during his studies at the elite Bocconi University in Milan, he founded two start-up companies, which he sold at a high profit. Enter, restore, merge – following this principle, he bought the Italian retail group La Rinascente in 2005 with Investitori Associati, Deutsche Bank Real Estate (RREEF), and Pirelli Re, restructured it, and merged it with the cheaper department store chain UPIM."

"He buys the company for a reported 80 million dollars, separates the wheat from the chaff, has a number of factories closed, terminates suppliers, and focuses on the main product: the sunglasses with cult status. The relaunch of the brand is advertised with Hollywood star Brooke Shields because she bears a striking resemblance to Audrey Hepburn. As on the poster of Breakf"