One of the first things a lifeguard learns is to not let the drowning person drag you down with them.
That lesson is applicable to the takeover of Jimmy Choo by Michael Kors (KORS).
My regular followers here know that I am a harsh critic of poor management, particularly those managers who, in my opinion, put their interests before the company or its shareholders. (I'm even more harshly critical when management puts customers last.)
I have been a harsh critic of John Idol and his KORS team for quite some time. The Jimmy Choo shoe acquisition does nothing to improve their standing in my view.
