Group
Strategic Concepts & Mechanics
Primary Evidence
"Although the family brand was known and recognized for its traditional and austere elegance, Miu Miu enhances its transgressive aspect, which can be glimpsed in some of the early Prada brothers' bags from the 1920s, shown to me in the archives of the Group hidden in the basement of the Milan headquarters."
"He pointed out that about five million small enterprises in Japan employed 80% of workers in the private sector. With reference to these statistics, he said: ‘To create jobs one must think small.’ He proposed the creation of a small business development corporation with a ‘multiracial’ board of directors and starting capital of R100 million, half of it provided by the state. ‘I shall personally propose to my Group that we contribute one tenth, that is R5 million, of the private sector’s R50 million to such a corporation.’13 Money alone would not solve the problem – small business also had to be promoted through investments in training and aftercare of new entrepreneurs. He proposed that the state provide a further R2,5 million for initiatives of this nature."