Gerald Ratner took over as CEO of the family jewellery chain in the mid 80s; becoming one of Britain’s best known businessmen. He transformed it from 130 stores with sales of £13m; to a public company with 2,500 stores and sales of over £1.2bn. By 1990, Ratner’s was the world’s largest jewellery retailer with profits in excess of £120m.
Gerald Ratner: Businessman
Gerald is a businessman whose fall from grace was one of the most spectacular ever seen in our times. That ‘gaffe’ that has been voted the worst mistake of all time forced him to leave the business. Ten years later he started again and he now speaks in a humorous and erudite way; on his mistakes and what we all can learn from them. He is ideal for either an after dinner or conference speech.
In 2003 he launched a new venture, geraldonline.com. The specialist diamond retailer sells jewellery, watches and hallmarked gold and silver through a secure site. It has formed alliances with a number of partners including SB&T, an Indian based producer, Goldsmiths and Royal Brierly – the only UK manufacturer of traditional hand blown crystal. The online business is already the largest of its kind in Britain.
Gerald Ratner: Speaker
After clawing his way back to the top, Gerald talks as a keynote with typical candour; about the roller-coaster journey and the valuable lessons learned.