Investment & Investing

When Tom Ford and Domenico De Sole left Gucci the share prices in LVMH fell dramatically something like 3 billion dollars. Trying to quantify the value of a tacit asset like Steve jobs, or Tom Ford is incredibly different, and means the company strategy can weigh heavily around that fact. If and when Steve Jobs goes, the picture for Apple will look decidedly different one would suspect.

Well thats what the people teaching my degree would say. I just wantz me a new iPad!

Mssrs Ford and De Sole were nothing to do with LVMH. PPR bought Gucci Group from Investcorp. Granted, LVMH had a shareholding in Gucci, but it wasn't a controlling amount.