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Tiger 21: the club that acts like a personal board of directors Tiger 21: the club that acts like a personal board of directors Tiger 21: the club that acts like a personal board of directors
Switzerland remains the world's largest offshore banking center, so it's hardly surprising that Tiger 21, an exclusive membership network for the wealthy, is gaining in popularity here. In our Newsmaker interview, the chairman of Tiger 21, Eric Sarasin, tells us more about the organization.
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Ana Maria Montero
VF Corporation insulated from U.S.-China trade dispute, says Guerrini
VF Corporation has successfully diversified its supply chain, so only 7 percent of its total production for the U.S. is made in China, says EMEA head Martino Scabbia Guerrini. In part two, he talks trade war, Brexit, and about VF’s special partnership with European e-commerce company Zalando: “It’s a best practice on how to partner with digital platforms.”
Ana Maria Montero
VF Corporation tests London rental market with its Kipling brand
In 2018, VF Corporation, home to brands like The North Face and Timberland, doubled its net profit to the tune of USD 1.2 billion and sold 400 million units. So how does the company balance increased production and profits with being green? Martino Scabbia Guerrini, VF’s EMEA head, says it’s not just about creating less waste or working with recyclable materials, but also about business innovation. This week, the company starts testing the rental market in London with its Kipling brand. “We’ve got to close the cycle,” he says.
Ana Maria Montero
Staying relevant is more than just about prices, says PizzaExpress CEO
Gluten-free, vegan, low-calorie: Catering to food consumers is not what it used to be, which is why PizzaExpress has opened a food innovation center next to its London offices. “You want to be continuously relevant to new lifestyles,” says Chairman and CEO Jinlong Wang. In part four, he talks about upgrading the customer experience and shows Ana Maria Montero a bit of his personal side.
Ana Maria Montero
PizzaExpress CEO: China’s conflicts have become “an either-or game”
From the U.S.-China trade war to the continuing protests in Hong Kong, PizzaExpress CEO Jinlong Wang says that there are no real winners and these conflicts put the global economy, particularly export-focused economies like Switzerland’s, at risk. In part three, Wang urges all players to work together toward the endgame.
Ana Maria Montero
“No one is ready” for a no-deal Brexit, says PizzaExpress CEO
Despite “tremendous love” for his brand, PizzaExpress CEO Jinlong Wang says Brexit’s uncertainty is hurting his restaurant chain but also says existing PizzaExpress restaurants there will remain intact, no matter how you slice it. In part two, he talks Brexit woes, disappointing profits, and teaching Asian consumers new habits when it comes to their pizza.
Ana Maria Montero
PizzaExpress CEO: Coming to Switzerland “only a matter of time”
PizzaExpress chairman and CEO Jinlong Wang says it’s “only a matter of time” until he opens a restaurant in Switzerland, but there are no definite plans for now. A speaker at the SMG Forum in Zurich last month, Wang talked to Ana Maria Montero about expansion plans in Europe and shared his takeaways from the Swiss food industry.
Ana Maria Montero
Swiss Bankers Association: Bank jobs may be moved out of Switzerland
Without a Swiss-EU framework agreement, Swiss banks may be forced to move jobs out of the country, says Herbert Scheidt, chairman of the Swiss Bankers Association. He cites recent moves by the UK banking industry due to Brexit as precedent for “severe consequences” for Switzerland if a deal isn’t made.
Ana Maria Montero
Swiss banking chairman: Libra won't take off quickly in Switzerland
From spy scandals to the surge of crypto banks, the Swiss Bankers Association has had its hands full in 2019. However, Chairman Herbert Scheidt seems calm and confident. In part one of our Newsmaker interview, Scheidt expresses doubt that Facebook’s Libra will be quickly embraced in Switzerland but adds that the digital currency can make “important inroads” in parts of the world where the infrastructure is not as secure.
Ana Maria Montero
Tencent’s Wallerstein: Europe should embrace artificial intelligence
Europe’s industrial sector is missing an important opportunity, says David Wallerstein, Tencent’s chief eXploration officer. He says AI could be used in areas like power generation and energy optimization, among others. “This is totally wide open and a perfect area for Europe to embrace,” Wallerstein says.
Ana Maria Montero
Tencent’s chief eXploration officer on “the tyranny of capitalism”
David Wallerstein, Tencent’s chief eXploration officer, wants to apply disruptive technologies to help solve the world’s problems. He says Switzerland should experiment more with next-generation tech, particularly in its industrial sector. At last week’s Digital Festival in Zurich, Wallerstein called for a stronger ecosystem of problem solvers in the tech world and talked about what he calls “the tyranny of capitalism.”
Ana Maria Montero
Leclanché CEO wants to “dispel myth” all firm’s investors are Chinese
Some investors in Leclanché are significant wealthy Chinese families, according to its CEO. But Anil Srivastava says it’s a myth that all the financial backers are Chinese. He spoke to us just before the release of the company’s half-year results, about who owns the Swiss energy storage company.
Ana Maria Montero
Swiss battery maker urges industry to be honest about CO2 footprint
The battery industry must be honest about the carbon footprint of using components like lithium. That’s the view of Lechanché CEO Anil Srivastava, who spoke to us on board the world’s largest all-electric ferry in Denmark, which is powered by the Swiss firm’s technology.
Ana Maria Montero
Swiss baby boomers retiring a “huge opportunity” for women
Switzerland is running short of workers, warns Credit Suisse, which estimates that 1.1 million will retire by 2029. Patricia Widmer, head of University of St. Gallen’s “Women Back to Business,” thinks female returners could help fill the gap and urges recruiters to be more open-minded about career breaks.
Ana Maria Montero
Pamela Reif has conquered the German-speaking world—is Asia next?
Pamela Reif has a “small, but strong” following in Switzerland. But the social media star says no matter how small her audience is, she won’t turn to buying followers, something that’s looked down upon in her world. However, promoted posts are not out of the question, particularly if she courts a new following in Asia. It’s a market Reif says is interesting, with a lot of potential.
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