Christian Dior SA (CDI)
Source: CDI website I thought that Kering was bad but then Christian Dior SA ("CDI") is just as heavy going! I was saved from reading Kering as ACCICB told me that he had read it partially and decided to give it a miss. The recent news about the change of top executives at Gucci did not help matters as it seems that Gucci sales is lagging behind its fellow brands such as Bottega Veneta. I wish that companies can cap their annual reports to 200 pages or lesser. Any longer becomes madness for the reader I feel. CDI was brought to my attention by ACCICB who was looking at LVMH for the longest time. For CDI, there are a few things that I like as well as a few things that gave me cause for concern. I also realized that many companies I researched on happen to fall into the category of family owned and managed companies. The risks and rewards of investing in such companies are widely written about so I shall not go into detail in this post. I was pleasantly surprised ...