Back To 1995

   Chapter 846 Staking

   "Song!"

  Eric shook hands with Song Yang, then gave Irene a gentlemanly salute, "Long time no see, Ms. Irene!"

Song Yang, Irene and Eric have already known each other for a long time. Seeing Eric's actions, Irene looked at Eric and couldn't help laughing, "This is not the Houston city I know. Lucifer."

  When Song Yang and Eric met, the route from Chicago to Wall Street had not yet been laid, but Irene had seen Eric's style.

Eric is a typical Texas cowboy style, with Archangel Lucifer tattooed on his arm, and he is not so particular about etiquette. He is a night show, where is his reputation, and he does a lot of bad things. Church They are unwilling to accept donations from Eric's mother. Of course, Eric has been whitewashed now, not to mention the church. Even a bishop-level person has to be a little polite when facing Eric.

   In front of Song Yang and Irene, Eric didn't need to maintain that "fashion godfather" style, he tore off his tie, poured a large glass of wine and drank it all by himself.

   "Now Erin, you are already a big man on Wall Street and America. TV stations, newspapers, and magazines are all about you and ICQ..."

   After drinking a glass of wine, Eric recalled back then and couldn't help but sigh, remembering that when I met Irene, she was just a little assistant by Song Yang's side, but now, she has become a real "big man".

After listening to Eric mention the scene of the year, Irene couldn't help but look at Song Yang after laughing. Except for a very few people who were by Song Yang's side back then, the rest were not the Bruno family. The members of , or Erin, Eric, Wesley, and their lives have all undergone earth-shaking changes.

Irene didn't know what she would be like now without Song Yang. Maybe she could make some achievements, but more likely, she was just an ordinary employee in the company, working diligently every day, trying her best to climb up. I have to be targeted by my boss. Take a look at those classmates who are at the same time as Irene. Irene can probably guess what life is going on now!

   "The current Victoria's Secret has brands such as Victoria's Secret, Gucci, Balenciaga, and DKNY established by Donna Karen.

Wall Street analysts estimate that RICK's revenue will exceed 10 billion US dollars within three years. If there is Seagram Wine Company, it will not take three years. Next year, RICK Group's revenue will exceed 10 billion US dollars. Knife! "

  Donna Cullen is a designer dug over when RICK acquired Victoria's Secret from LB Group. Now she is the chief designer of RICK's clothing business. DKNY is the brand established by Donna Cullen and is also affiliated to RICK.

After taking a few more sips of wine, Eric couldn't help but said to Song Yang that RICK now has two major industries, Victoria's Secret and Gucci, and Victoria's Secret is now providing RICK with a steady stream of cash flow. Revenue is expected to reach $3 billion.

Of course, to be able to reach such a point, it is inseparable from the annual Victoria's Secret show, and the Victoria's Secret reality show is related to the crazy advertisements placed on major TV stations and magazines around the world, selling a product of the Victoria's Secret brand , which advertising costs are estimated to account for 30%.

In addition to the crazy advertising, Victoria's Secret is also opening stores in America and around the world, inviting franchisees to join. By the end of this year, Victoria's Secret's stores around the world will add up to more than 930. !

   Song Yang did not stop Wei Mi's crazy advertisements and opening stores all over the world. Now is the time of Wei Mi's fire. If you don't take advantage of the heat to staking the leeks, you will have to wait for it to cool down.

   A brand, no matter how popular it is, is cyclical. It is quite outrageous for Victoria's Secret to be popular for ten years. Taking advantage of the fire all over the world, it has to open stores and recruit franchisees, and can cut two leeks!

   In addition to making money by selling Victoria's Secret brand items, and charging store franchise fees and brand licensing fees, you can also cut a bunch of leeks. When the time is right, RICK will be packaged and listed, and then cut a new crop of leeks.

Song Yang is not polite about cutting RICK's leeks. Although Song Yang is a major shareholder with nearly 35% of RICK's shares, on the face of it, this is only one of the companies that Song Yang has invested in. It is not to blame Song Yang for cutting the leeks. On the positive side, at least you have to find the RICK board of directors and Eric. As for those infamy and lawsuits, it is not a problem for Eric to memorize them all.

You know, RICK has been able to play until now, basically empty-handed, the acquisition of Victoria's Secret, Gucci, Balenciaga, etc., as well as the money to open stores all over the world, are all borrowed from banks, Wall Street institutions, and foundations. Yes, Song Yang, a big son, didn't even throw in.

Now RICK is carrying a huge debt, but it looks really tempting now. It is known as one of the three major luxury goods giants. company.

The institutions on Wall Street and the big banks in America definitely cannot let RICK fall. They can only support RICK to become the largest luxury goods empire in America, and then go public to make money, so that they can make money, otherwise, they will give up all their previous achievements. RICK is sold and they can't get their money back...

   "ICQ Board of Directors, can you really sell Seagram Wines to RICK?"

  Eric looked towards Song Yang and Irene. At this time, he was still a little worried about gains and losses.

  Irene glanced at Song Yang and remembered Immelt's style, "Imelt promised Song, he should do it, all he needs to worry about is the price!"

Even if it is treated as "non-performing assets" and sold at the price of cabbage, Seagram's wine industry is still a company with an annual revenue of 2.9 billion US dollars. How much money to sell to RICK is entirely up to Immelt. blacken.

After the acquisition of Bronfman Group was completed, various people left Connecticut one after another, and ICQ also entered the era of Immelt's control. Under Immelt's leadership, ICQ's board of directors immediately promoted the acquisition of Bronfman's industries. merging and splitting.

  Some things, when dealing with things, really can't be in a crowded place, especially things to do with hands and feet.

   Immelt did not talk about the location of the General Electric headquarters, but in a golf club.

   When Song Yang and Eric passed by in a golf cart, Immelt, who was dressed in top golf, did not swing his club. Even when they got to the golf course, there were still a lot of things waiting for Immelt to handle.

Aside from character and luck, Immelt is indeed a very diligent CEO. His work intensity is even higher than that of Welch. He basically does everything he can do by himself. handle it yourself.

But a company with a market value of nearly 400 billion US dollars, a company that has soared to 500 billion US dollars, two giant companies with more than 280,000 employees worldwide, there are too many things that Immelt needs to deal with. Now, even most of them have been reviewed and processed by special personnel, and the documents in Immelt's hands are still as numerous as snowflakes.

Eric had heard the name of Immelt in front of him, but he was not familiar with him. He just looked at Immelt, who was busy in front of him, and Song Yang, who had started swinging his golf club. I feel that Immelt and Song Yang are completely two different styles of people!

Immelt obviously likes to do it himself, and since he has been with Song Yang for so long, Eric's feeling for Song Yang is that he is willing to let go of power. Possessing considerable authority, Song Yang is willing to delegate power as long as it can meet Song Yang's expectations, and rarely interferes directly with Eric's management.

These two styles, which are good or bad, are not certain. The former may be exhausted, and the results will not be well managed. In the end, you will end up with chicken feathers. That kind of character was accidentally played off. This is a test of the wrist and ability of the superior.

But in general, at the level of General Electric, the management is basically a group of experienced managers, many of whom are industry leaders. Is their ability really so unbearable that it can make a giant company like General Electric fall? In the forum, there can only be huge problems in internal decision-making, or, like Microsoft, it has completely failed to keep up with the frenzy of the mobile Internet, and it may decline, and it will never be a problem with ordinary management.

   "Eric right, I heard about you!"

   Busy for a while, Immelt said a few words to the assistant beside him, put the calls and documents behind him, and turned to look at Eric.

   (end of this chapter)