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NICK ROBERTSON : CEO of ASOS

Posted by Aravind Patrudu in January 8th 2009    under: Indian Entrepreneurs  | 
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Nick Robertson launched AsSeenOnScreen in 2000, in an attempt to cash in on the public’s desire for clothes worn by celebrities and later in the 2003 renamed as ASOS.As chief executive of Asos, the quoted internet retailer, Nick Robertson sells copies of celebrity clothes, accessories and jewellery at prices that are a snip compared with the real thing. Nick Robertson pursued his BBA, Management Information Systems in University of Oklahoma - Price College of Business. Being the great-grandson of the founder of Austin Reed, the menswear retailer, Mr Robertson started out as a media buyer after leaving school in Dorset aged 18 .

Although the AIM-listed company raised only a modest £2.8m at its float, it has grown
into one of the stars of the junior market, with sales soaring from £335,000 in 2000 to over £13m in 2004.ASOS lost 45% of its stock in the Hemel Hempstead fires.However with his diligent efforts and persevering attention he could managed to recover from that loss.Robertsons’s most significant development in the year 2008 was the launch of branded clearance section Asos Red, which is expected to double turnover in the next three years.

Nick Robertson’s Journey:

  • He started his career as a Media planner/buyer,Young & Rubicam in the year 1987 and continued there upto 1991.
  • During 1995-2000 he served as Associate director, Carat UK.
  • After his successfull venture named Entertainment Marketing he launched ASOS in 2000.

Popularity: 1%


Tags: asos, associate director, austin reed, celebrity clothes, clearance section, diligent efforts, entertainment marketing, hemel hempstead, internet retailer, launch, management information systems, media buyer, media planner, menswear retailer, most significant development, mr robertson, nick robertson, robertsons, year 1987, young rubicam

TERRY SMITH: CEO of Tullett Prebon Group Holdings plc

Posted by Aravind Patrudu in January 8th 2009    under: C.E.O s, Entrepreneurship, case studies  | 
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Terry C. Smith is the Chief Executive Officer of Tullett Prebon Group Holdings plc (formerly Collins Stewart Tullett PLC) and Tullett Prebon PLC. The son of an East End bus driver, Terry Smith is well known in the City as the combative chief executive of the Collins Stewart Tullett stockbroking operation a leading independent investment bank. Terry Smith graduated in History from University College Cardiff in 1974.He obtained an MBA at The Management College, Henley in 1979.A boxing aficionado, Smith first came to prominence as a City analyst for his controversial 1992 book Accounting for Growth, which revealed many of the tricks and dodges that companies use to massage their figures.

Smith, who lives in Chelmsford,ssex, led a £122m management buyout of Collins Stewart in May 2000. Floated 0n the stock market shortly afterwards, the company has grown rapidly since via a series of takeovers and by moving into new markets.It also became a takeover target itself, with rumours of interest from several private-equity firms – including leading US outfit Kohlberg Kravis Roberts – pushing the share price to well over £6. But later all talks were called to a halt, apparently because agreement could not be reached over a valuation for the firm. Smith is now said to be looking at alternative ways of delivering value to shareholders.

Journey of Terry Smith:

  • Terry Smith worked for Barclays Bank from 1974 to 1983 and became an Associate of the Chartered Institute of Bankers in 1976.
  • From 1984 to 1989 Smith served as a Stockbroker of W Greenwell & Co and was the top rated Bank Analyst in London.
  • During this period he also worked at BZW and James Cape.
  • In 1990, Mr. Smith … became Head of UK Company Research of UBS Phillips & Drew, a position he left in 1992 following the publication of his best selling book Accounting for Growth.
  • He is also working as a Director of Tullett Prebon Plc and a Non-Executive Director of William Cook Holdings Limited.
  • In 2003 Collins Stewart acquired Tullett Liberty, the world’s second largest inter-dealer broker and followed this in 2004 with the acquisition of Prebon Group. Collins Stewart and Tullett Prebon were demerged in 2006.

Popularity: 1%


Tags: barclays bank, chartered institute of bankers, chief executive officer, collins stewart tullett, collins stewart tullett plc, dodges, greenwell, holdings plc, independent investment, institute of bankers, kohlberg kravis roberts, management buyout, prebon group, private equity firms, ssex, stockbroking, terry c smith, terry smith, tullett prebon, university college cardiff

BHARAT SHAH: Managing Director of Sigma Pharmaceuticals

Posted by Aravind Patrudu in January 8th 2009    under: Entrepreneurship, case studies  | 
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Sigma Pharmaceuticals was founded in 1975 by its managing director, Bharat Shah, Kenyan Asian. Bharat Shah started his career supplying pharmacies and hospitals from his local chemist’s shop. Bharat Shah’s brothers Manish work as an accountant and Kamal works in operations.As major operations are being supervised by his family he says the support of his family has helped him build Sigma from a single pharmacy in Watford to a company with profits of £4.5m on turnover of £200m in the year to August 2004. Sigma Pharmaceuticals provides medicines and medical supplies to the UK’s pharmacies and hospitals. Sigma now has access to about 100 generic licences, ranging from antibiotics to cardiac treatments. The Watford firm, still under Shah’s leadership, now serves more than 5,000 customers. It offers next-day delivery on more than 1,000 generic drugs and medical supplies such as surgical dressings.Bharat Shah received Pharmacy Business Editor’s Award 2008 for making affordable generic versions of branded drugs.

Popularity: 1%


Tags: 5m, accountant, antibiotics, Bharat Shah, branded drugs, business editor, cardiac treatments, generic drugs, generic versions, kamal, local chemist, managing director, manish, medical supplies, medicines, pharmacies, pharmacy business, sigma pharmaceuticals, surgical dressings, watford
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