Explore our full content library.
Found 304 results in 19ms
April 29, 2020
Amazon Europe: Logistics, Hiring and Leadership Principles
Former VP, Amazon Logistics Europe
Interview Extract
... In Practise: Philippe, great to be with you, welcome. ...February 5, 2021
Amazon vs CDON, Allegro, & Bol.com
Former VP, Amazon Logistics Europe
Interview Extract
... In Practise: Philippe, can you just provide some context to when you first joined Amazon and how you were looking at building out a European infrastructure, to deliver goods to consumers? ...May 29, 2020
Amazon European Logistics Buildout
Former VP, Amazon Logistics Europe
Interview Extract
... In Practise: Philippe, a pleasure to have you with us. Could you provide some context to when you joined Amazon in 2000 and the state of the network, in Europe? ...January 12, 2022
Halma, Kirk Key, & HLMA Organisational Structure
Former VP Global Sales and Marketing at Kirk Key, a Halma Company.
Interview Extract
... Bill Trautmann: Philippe Felten, yes. ...April 23, 2022
Victoria, Balta Group, & UK Soft Flooring
Former Purchasing Director at Balta Group
Interview Extract
... In Practise: That is why Philippe is there. ...December 4, 2024
The Luxury Watches Grey Market & Asian Imports
Former Luxury Watches Distributor & Cartier Executive
Interview Extract
... In Practise: Yes, the ASP for Patek Philippe is also pretty high anyway, right? ...
Weekly update
December 5, 2024
FTAI & PMA Parts, Hèrmes, Rolex, Veralto, CCC, Avon, CVNA, LGI, W, DiDi
ChromalloyRolexFTAI AviationDiDiLVMHVeraltoAvon ProtectionWayfairGeneral ElectricCarvanaMelrose IndustriesAlly FinancialReplyOverstock
Article Extract
... A former LVMH executive estimates ~15-20% of the luxury watch market is sold via grey channels. Over 66% of Patek Philippe volume seems to be sold via such channels whereas Rolex is more controlled. ...October 22, 2024
LVMH: Balancing Quality and Growth
Former President at Louis Vuitton
Interview Extract
... The best way to explain is with an example from our company. We designed a world time zone watch with 24 time zones. Patek Philippe has a very famous one, and we designed our own. Initially, the challenge was to ensure it didn't resemble Patek Philippe. The team worked on the design, and we named it Escale. It was a great success. The watch was quite expensive, priced between $60,000 and $70,000, which was slightly cheaper than Patek but still very costly. It was well-received by our VIP clients. ...July 15, 2024
Watches of Switzerland: Rolex / Bucherer Acquisition & US Expansion
Former Head of Operations at Watches of Switzerland Group
Partner Interview
Watches of Switzerland GroupRolexLVMHBrand EquityUnique IP & BrandsConsumer DiscretionaryInterview Extract
... Going back to the question at hand, Rolex was criticized for their lack of supply and demand. It reached a point where it was ridiculous that you couldn't buy a stainless steel sports model from Rolex, Patek Philippe, or Audemars Piguet. They were potentially worth more on the pre-owned market than a gold piece Daytona, for example. Still, a Daytona would potentially sell more on the pre-owned market than a steel and gold piece, and potentially more than a solid gold piece, which is crazy. Rolex had to take control of this situation. Over the last ten years, we've seen measures to integrate and control the pre-owned market. This is probably an entire conversation in itself, if you're interested. The pre-owned market has been significant, and Brian has been involved in it for a long time. David, now vice president and running America, was responsible for pre-owned when he was in the UK, and we worked in adjacent offices. The pre-owned market is seen as very important. ...January 14, 2022
Halma, Crowcon Detection Instruments, & HLMA Process Safety Sector
Former Director at Crowcon Detection Instruments, a Halma Company
Interview Extract
... In Practise: Looking at the current structure of Halma, there is more of a sector support team which used to be Philippe Felten for process safety which Crowcon comes under; he had a small team of divisional CEOs and an M&A guy. How powerful was that structure for Halma versus the older more decentralized version? ...September 23, 2024
Richemont: Buccellati Acquisition & Luxury Jewellery
Former Executive at Buccellati
Partner Interview
RichemontLVMHBrand EquityUnique IP & BrandsConsumer DiscretionaryInterview Extract
... There's an emotional attachment to it. There's a generational attachment to it because if your grandmother had a Cartier ring or a Buccellati ring, that resonates with people. And I think that's probably where, if I was a jewelry brand, I would really try to emphasize the sort of Patek Philippe thing that you don't buy it, you hand it down. I think that's a pretty good strategy for a lot of these jewelry brands to make it clear that it has value. The only problem with that is, why should I buy one when I can buy a secondhand one? ...May 13, 2024
Basic Fit France: Gym Market Challenges
Former Managing Director at Fitness Park
Partner Interview
Basic FitPlanet FitnessFitness ParkThe GymScale EconomiesLow Cost OperatorsConsumer DiscretionaryInterview Extract
... When Fitness Park started in 2009, they completely abandoned the Lady Moving brand. This led to the failure of many, and everyone went bankrupt except for me, as I had the best studio. I sold it to open a Fitness Park just at the border of Paris in 2013, which was a huge success. Two years later, in 2014, exactly one year after the group was sold, Philippe Herbette, a franchisee, raised funds and bought the Moving Group to transform it into Fitness Park a few years later. ...April 5, 2020
IWC versus Rolex & Cartier: Brand Marketing
Former Marketing Director at Richemont, IWC Schaffhausen
Interview Extract
... Jens Fabian Herdieckerhoff: I think it’s absolutely key. It doesn’t mean that you can’t build a new brand out of a brilliant idea or some superb design, but especially for hard luxury goods, say, watches and jewelry. The heritage is key because people want to buy a product that has a timeless value. That’s what’s so important about it. If you buy a piece of clothing, we’re not talking about fast-fashion, even if you buy a piece of clothing that’s worth a lot of money, you know that it’s going to go out of fashion at some point. With a watch, that’s not the case. If you buy a classic such as an IWC Portuguese or a Rolex Oyster or whatever, you know that you can probably pass it on as Patek Philippe says in the advertising, you pass it onto the next generation or even more than that. That’s why having the background, seeing the brand has been around for so long, it gives you the comfort of believing that the intrinsic value stays and you’re not squandering your money, it’s quite simple. ...January 29, 2020
Challenges for Young Leaders: Moving Into a Leadership Position
Former Executive Committee Member and Head of HR, Novartis
Interview Extract
... Norman Walker: And that is very telling because that ensures you do not define yourself as whatever the job title is, which is a big, big risk. And it also keeps your feet on the ground in terms of, “This is not my job; I’m the placeholder.” I rather like the Patek Philippe advertisement, which says you never own a Patek Phillipe watch, you’re simply the guardian for the next generation. That’s how you should think about your job, particularly the most senior positions. ...August 19, 2024
Philip Morris: Reduced Risk Products & Consumer Behavior
Former VP of Marketing at Japan Tobacco
Partner Interview
Philip Morris InternationalAltriaJapan TobaccoBritish American TobaccoConsumer StaplesInterview Extract
... Operator: The purpose of this call is that I work at an investing firm. We invest in stocks but treat it like we're investing in private companies. We focus on how businesses perform over many years and try not to get hung up on short to medium-term stock fluctuations. I've been studying the nicotine industry and reduced-risk products, including heat-not-burn and vaping, for many years. The goal today is to discuss the industry, hopefully find it interesting, and for me to learn something. Ultimately, I'm trying to understand how these businesses will perform over many years and maybe pick some winners. I'm happy to answer any questions you might have about me, but a good place to start is if you could walk me through your background as it relates to the cigarette industry, the nicotine industry, reduced-risk products, and so on. Then we can go into some of my questions. ...July 30, 2024
Philip Morris, British American Tobacco & the Global Nicotine Market: Reduced-Risk Products' Hurdles to Growth
Former Regional Head, Product Compliance and RRP QA at Philip Morris International
Partner Interview
Philip Morris InternationalBritish American TobaccoImperial BrandsConsumer StaplesInterview Extract
... Operator: Maybe a good place to start would be if you could spend a couple of minutes walking me through your background, and then we'll move into my questions. ...Weekly update
August 21, 2024
Perimeter Solutions, ZYN, Computer Modelling Group, MTU Aero, FTAI, RTX, Loar, PM, LX, Becle, Macfarlane, Auto Partner
LoarBecleMacfarlaneFTAI AviationComputer ModellingLouisiana-PacificRTXTransDigm GroupPhilip Morris International
Article Extract
... Philip Morris: Reduced Risk Products & Consumer Behavior ...Weekly update
July 31, 2024
Lifco vs Halma, Danaher, Eurofins, Waters Corp, PM & BAT, Wayfair vs AMZN, Ocado, MongoDB
AgilentLifcoWayfairHalmaDanaherWatersMongoDBAmazonPhilip Morris International
Article Extract
... Philip Morris, British American Tobacco & the Global Nicotine Market: Reduced-Risk Products' Hurdles to Growth ...September 25, 2021
Swedish Match, Snus, & Smokefree Tobacco Products
Former Managing Director at Swedish Match