Post-acquisition challenges for Corum / Xinhua Wittmann, Truong Chi Hieu Nguyen & Srikanth Mathur.

Format:

Book

Author/Creator:

Wittmann, Xinhua, author.

Nguyen, Truong Chi Hieu, author.

Mathur, Srikanth, author.

Series:

SAGE Business Cases.

SAGE Business Cases

Language:

English

Subjects (All):

Montres Corum Sàrl--Case studies.

Montres Corum Sàrl.

Citychamp Watch & Jewellery Group Limited--Case studies.

Citychamp Watch & Jewellery Group Limited.

Corporate reorganizations--Case studies.

Corporate reorganizations.

Consolidation and merger of corporations--Case studies.

Consolidation and merger of corporations.

Physical Description:

1 online resource : illustrations.

Place of Publication:

London : University of Zurich, 2019.

Summary:

The case centres on the acquisition of the Montres Corum Sàrl, a Swiss manufacture of luxury watches by the Chinese company Citychamp Watch & Jewellery Group Limited. The acquisition resulted in the replacement of Corum's top leadership due to the company's poor results after the acquisition. There were also a number of fractious interactions between Citychamp and Corum due to the differences in doing business between the East and West, which were exacerbated by the global financial crisis, which resulted in a severe contraction in the luxury watch market.

Notes:

Originally Published InWittmann, X., Nguyen, T. C. H., & Mathur, S. (2019). Post-acquisition challenges for Corum. S2CSC007-17-02. Zurich, Switzerland: Swiss Chinese Case Study Center, University of Zurich.

Includes bibliographical references and index.

Description based on XML content.

ISBN:

1-5297-2426-0

9781529724264

OCLC:

1141312749