Magazine article Management Today

You Live and You Learn

Magazine article Management Today

You Live and You Learn

Article excerpt

My grandfather was an engineer in Stoke-on-Trent.

He was a big influence. I was a very sickly kid, with severe bronchitis. He was a successful entrepreneur and a strong and memorable character. I spent a lot of time with him before he died when I was 11.

I like to think of myself as young, virile and effective. The reality is I'm a man who likes what he does. I label myself more as an entrepreneur than an accountant.

I'm a very fast reader. That doesn't make me a perfect analyst but I can chew through vast quantities of data. Most of our deals are done at tremendous pace: Jaeger was completed in eight days.

I certainly won't be inflicting my taste on the clothes. We're not aiming for the mass market. If we could copy anyone it would be Burberry, which 15 years ago was about the same size as Jaeger.

The biggest risk I've taken was acquiring Parker Pen in the 1980s. But it became a huge success. It was losing pounds 20m a year when we bought it, and making pounds 40m a year when we sold it in the 1990s. …

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