After a 3-year value decline from $70 at peak to the mid-teens, an activist investor with ~20% ownership stake and a new CEO brought in Marakon to help reverse the trend. Our team drove turnaround strategy, including brand portfolio segmentation and resource re-allocation, to drive sustainable profit growth. Ultimately the stock price increased to the mid $30s within 18 months.
Looking under the hood: UK economic outlook and implications
2021 was expected to be a year of recovery and growth – both globally and in the UK. However, as we are now in a race between a more infectious virus strain...