International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
The Six Degrees of Tom Cruise
Yes, we’re back on the bandwagon. He may be in the news for scaling the Burj Khalifa, but how will we connect him to UAE royalty via the boss of Rivoli?
November 22, 2010 4:21 by Eva Fernandes
Ramesh Prabhakar, who it is claimed is worth $950 million, is the man behind the success story that is Rivoli. From just selling one watch brand in 1988, Rivoli is now one of the GCC’s largest importers and retailers of luxury brands including Montblanc, Longiness, Dunhill, Links of London, Kenzo and Vertu. What is his key to success? A sharp market sense and a key eye for being updated with the developments of the market, apparently; he told Arabian Business, “Operating people need to be on the shop floor with customers, superstructures just mean that you get into rarefied air, and that’s when you start making wrong calls, you become too distant.” Rivoli was recently awarded the Arabian Business Retail Company of the Year. Prabhakar was presented the award by Crown Prince of the UAE…
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