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Plus it was only the Ratners brand that was damaged. The Ratners group owned a shed load of other Jewellery brands and they were unaffected. The group renamed i
by DoubleGlazing 7y ago
Plus it was only the Ratners brand that was damaged. The Ratners group owned a shed load of other Jewellery brands and they were unaffected. The group renamed itself Signet Group and rebranded some the of Ratners stores and closed the rest.
The group carried on and became one of the biggest jewelery companies on the planet.
The speech scandal was merely a blip in the history of the company.
- Phillipharryt 7y agoWell it was the Ratners group that lost 99% of its listed value, so not just the Ratner's brand that felt the damage. It definitely affected Gerald more than it did the company though, but there was definitely a touch and go moment there where the group nearly went under entirely. They've managed to recover really well and after it rode it out properly (they fired Gerald a couple of years later then rebranded) they returned to the original stratospheric trajectory.