October 26, 2020

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So ambitious that it subdued itself: how magical …

So ambitious that it subdued itself: how magical ...

“Ambitious eagle” was the scout totem by Dieter Penninckx, co-founder of the fashion group FNG. But the eagle was a bit too ambitious because the company filed for bankruptcy. “And all because of the overly sad takeover strategy of previous management,” say the unions. Or how a success story turned into “stock fraud and shady transactions with tax havens”.

Dieter Penninckx, his wife Anja Maes and their childhood friend, Manu Bracke, seemed to be writing a business fairy tale in which the sky Really the limit was earlier. A story that for the three young civil engineers …