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The owner and managers of Cirque du Soleil, after seeing growth prospects wane in recent years, think they have the key to renewed success: less Cirque MONTREAL — The owner and managers of Cirque du Soleil, after seeing their growth prospects wane in recent years, think they have the key to renewed success: less Cirque.For three decades, the circus giant’s business triumphs mirrored its high-flying aerial stunts, and it became a case study for business school journal articles on carving out unique markets.But following a bleak outlook report from a consultant, a spate of poorly received shows and a decline in profits, executives at Cirque say they are now restructuring and refocusing their business — shifting some of the attention away from clowns and acrobats, towards other business ventures.Cirque also recently suffered its first death during a performance, when an acrobat tumbled almost 29m during a stunt in a Las Vegas performance of the show Ka in 2013.After a hiatus of more th...
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