The new Carrefour-Chief brought a turning point

By: trademagazin Date: 2012. 08. 29. 11:40

The new Carrefour-Chief reversed a five-year negative trend – and he still not revealed his plans.

Georges Plassat came into office to the world's second largest retailer, the Carrefour three months ago. Since then, the price of the company's shares increased by 15 percent, and outperformed the exchange rate of the Stoxx 600 index (Europe's largest listed companies), the first time since 2007.

Plassat 's predecessor, Lars Olofsson, led the company for 3 years, of during the company suffered a 42 percent market value lost.

Plassat is currently dealing with crisis management, he not yet arose a new strategy. According to market opinion he is better at marketing than his predecessor, and knows the needs of the French customers better.     (Világgazdaság Online)

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