History & BackgroundIn 1883, two immigrant Argentines, Juan Echegaray (from Basque) and Robert Fraser (from Scotland), created a partnership for manufacturing low-cost jute soled canvas footwear – called Alpargatas – the inspiration for the name of the company. As immigrants flooded into Argentina, demand for this low-cost product grew quickly, allowing the company to first …
Category: Case Study
Taming Complexity
Emergent strategy at Virgin Group
Richard Lynch: Strategic Management, 7th Edition, Pearson Education© Copyright Richard Lynch 2015. All rights reserved Under the strong and populist leadership of its chief executive, Sir Richard Branson, Virgin Group has pursued an opportunistic strategy to build a company with estimated annual sales of over US$10 billion by 2007. Starting from nothing in 1968, Virgin …