This Case is aboutÂ ENTREPRENEURIAL, FINANCE LEADERSHIP
PUBLICATION DATE: March 24, 2014 PRODUCT #: INS364-HCB-ENGVendex KBB First Hundred Days in Crisis Case Solution
Vendex KBB is at crisis stage by the end of 2004, particularly its main V&D department stores. A consortium of highly private equity investors led along by KKR, who purchased the business a year ago, get retail expert Tony DeNunzio to take on the challenge of turning the holding company that is diversified approximately. For 18 months part time, but only for 3 years and although hesitant at first, he consents. His mandate is clear: with the addition of value to all stakeholders, not only the PE company to turn across the iconic Dutch company, a mission made more challenging from the standing PE companies have recently obtained in the gate’ as ‘barbarians. Most probably to commence on his initial 100 days, what must he do on his introductory day?