Description
Eterna Mode GmbH Eterna Mode GmbH is one of Germany’s oldest and most iconic shirt and blouse manufacturers, founded in 1863 and headquartered in Passau, Bavaria. The company built its reputation on high-quality men’s and women’s shirts, blouses, and accessories, selling millions of garments annually through its own stores, retailers, and online channels. It has […]
Buttons Off: Eterna’s Restructuring through Insolvency Read More »
South Korea finds itself at a delicate crossroads. On one side, an unprecedented rush by retail investors into U.S. stocks is draining won liquidity. On the other, a commercial treaty with the U.S. threatens to accelerate dollar outflows. The combination of the two puts pressure on currency stability (which lost 8% against the dollar in
Siemens is a benchmark example for restructuring and active portfolio management. Programs such as Siemens 2014, Vision 2020, or Vision 2020+ allowed to streamline the organization, spin off non-core businesses, and strategically adjust its portfolio to align with market trends and technological shifts. With ONE Tech Company, a new strategy opens the company to further
Strategic Restructuring Drives Alliances and Growth: Siemens partners with Samsung C&T Read More »
Appointed in August 2025, new CEO and president Maziar Mike Doustdar announced a downsizing program involving 9,000 positions, equivalent to 11.5% of the whole workforce and $1.25bn in savings ($42.1bn revenue in 2024). This results from a decrease in revenues and profits, deriving from competitive pressure. Novo Nordisk, long known for insulin, gained a first-mover
Novo Nordisk’s 9,000-worker Downsizing Read More »
Korea’s legal and ownership environment has created a unique set of restructuring tools. While familiar mechanisms such as asset sales and spin-offs exist, Korea also relies heavily on split-offs, a structure that plays a central role in transitions to holding-company systems. Overview – Asset vs. Liability Restructuring Korean firms engage in restructuring for reasons common
Korean Restructuring Modes Read More »