RICHES TO RAGS
How Brait’s New Look deal bombed
Christo Wiese’s elite squad of corporate financiers bought New Look, a highly leveraged UK fashion retailer, just as the economy collapsed. The Brait share has been punished. Is this unjust, as most of the Brait portfolio is doing well, or a well-deserved outcome for poor judgment?
24 August 2017 - 07:23