Even though China’s costs have risen and the U.S. has now surpassed Mexico as the preferred locale for relocating offshored manufacturing, advantages can be fleeting and the challenges great
Diners say they will spend 9% less per meal and, in a ‘disconnect,’ continue to expect healthful-food options but show few signs of being willing to pay more for them
26% of companies ‘on alert’ for distress; Korea has significantly higher percentage of ‘high-risk’ companies than other Asian developed countries
As cost pressures drive a wave of M&A across the Old Continent, operators need to cut costs of up to 100 billion euros
70% of companies have not avoided a region despite potential corruption risk; 15% pulled out of an M&A deal due to possible risk
Has deep experience in operations, supply chain and finance
Estimated 32 personal-vehicle purchases avoided per each car-sharing vehicle in bellwether markets; projections suggest 1.2 million in avoided sales nationally through 2020
The ‘citizen consumer’ on both sides of the Atlantic plans to reduce spending, as a combined 71% of respondents see their economies not improving in 2014
Has deep experience in aerospace and defense
AlixPartners develops innovative ‘Advanced Revenue Management’ offering powered by Zafin’s miRevenue product
More consolidation via M&A could be in the offing
Promotions reflect the firm’s continued growth, commitment to its people
Patterning options for N10/N7 nodes, advanced packaging solutions and 3D NAND memory to be targeted
Retail, energy, healthcare, maritime industries seen as most likely to face distress
But winning them over will take refined approaches to segmentation, product development and labeling, and channel strategy
- Two-thirds of revenues in this second tier at the highest risk of distress, up more than double from 2011
- AlixPartners sees opportunities for companies in four key areas: portfolio optimization and rationalization, outsourcing of non-core activities, cost reduction and selected strategic partnerships
Another sign of the firm’s commitment to excellence and growth
Desire to eat healthier ranks as top reason behind consumers’ plans to dine out less in the coming year, surpassing concern over finances which had topped the list since 2009
Opportunities lie in emerging markets, optimizing costs, supply-chain management, and investments in emissions and fuel-efficiency improvements
Consulting magazine honors her outstanding client service
Albert A. “Al” Koch, vice chairman at global business advisory firm AlixPartners and managing director in the firm’s Turnaround & Restructuring Se...
Team of six experienced experts hired
A consensual resolution which reduced indebtedness by $240 million and equitized over $100 million of secured debt; 2,700 jobs saved
AlixPartners’ corporate distress index says 27% of Korean companies are ‘on alert’; swift actions bring better solutions
Assisting with integration and potential synergies for the combined entity
Michael Flynn and Edward Niestat added as managing directors, joining Seth Rosenweig
A wide majority say reassessing current compliance programs and implementing new ones are the best ways of reducing risk
Global, modular platforms to account for more than 88% of industry growth through 2018; Serious overcapacity in 58% of Western European plants.
Commercial aerospace is booming, ready to set new delivery records, while global defense spending is down, for first time since 1998
A veteran practitioner whose experience includes working with supermajors
An expert in financial services, including complex securities litigation
Survey highlights need for comprehensive operational and financial restructurings under experienced interim management – the ‘holistic turnaround’
Average ‘theo’ 10% higher than for those who consistently play in casinos only
Former chief economist at Ashurst
But, look before you leap – nearshoring may not be profitable in all situations
Despite the Growing Attractiveness of Africa, Nearly a Quarter of Multinational Companies Avoid Operating There Due to Concerns Over Anti-Corruption Laws
A deeply experienced expert, who’s currently serving as CRO of Kodak
But Korea can have a General Motors-like turnaround, says Vice Chairman Al Koch, by adopting a holistic, operational-led focus
An expert in liquidity management, cost reduction, working-capital improvement and asset sales
GCC businesses struggle to obtain bank funding, alternatives needed
Over two-thirds give their companies a ‘C’ or ‘D’ in measuring the returns; ‘keep-it-running’ IT costs seen as cannibalizing business-improvement IT monies
Survey finds that 35% of active gamblers say they would wager online if it were legal.
Healthcare, retail, energy, aerospace seen as industries most likely to face distress in 2013
McKinsey veteran brings deep background in consumer products, retail and operations
NEW YORK (Feb. 7, 2013) – AlixPartners, the global business-advisory firm, today announced that technology and information management services expert ...
Randall S. Eisenberg, formerly of FTI, joins to co-lead practice with Alan Holtz
Firm’s aggressive growth based on its people
10 strategic steps need to be implemented
Restructuring and diversification needed to attain ‘Diamond Age’ of banking
Michelle Repko has been elected to the board of directors of the New York regional chapter of the International Women's Insolvency Restructuring Confederation (IWIRC).
Consumer-electronics, telecom-equipment and semiconductor sectors face the most urgent challenges, as overall industry growth has fallen to just 1% and a ‘winner-takes-all’ trend sweeps the industry
A seasoned expert who has advised and assumed interim- management roles for some of the world’s leading corporations
A seasoned expert who has advised some of the world’s leading corporations
Team, led by John Castellano, paved the way for a debt-for-equity exchange with 99.9% of noteholders tendering
Modularization and standardization could shave 20% off production costs, 30% off development costs
Nevill has more than 25 years of experience working with large retail companies in the areas of merchandising, inventory management, operations, and retail systems.
- Annual growth of 8%-12% expected over the next four years, according to executive survey
- However, Chinese OEMs to continue to suffer from over-capacity, driving down vehicle prices even as dealer networks expand
- Aftermarket and used-car market seen as a big opportunities
‘One-stop-shopping’ for clients tired of spending too much on IT, not getting needed business insights
Industry veteran Nobuo Mori to build on existing FAS capabilities
An Expert in Operational Transformation, SystemsIntegration and IT Strategies, Growth Strategies and Customer Strategies
Firm Known for its Work in GM’s Turnaround
- China holds the key to global demand due to massive infrastructure projects
- Solid industry growth in all regions through 2015 -- driven by GDP, population growth, middle-class expansion
- Higher emissions regulations lead to renewed R&D in Western nation
Study also shows defense sector must readjust to lower U.S. and European federal budgets
AlixPartners’ 125 Managing Directors have maintained a considerable stake in the firm, and Jay Alix, who founded the firm in 1981, has maintained a substantial minority stake.
- Better Segmentation and Nimbleness Required to Meet the Changing Demands of Both Cohorts
- Food-at-Home Spending to Jump by $50 billion Annually for Millennials and Decrease by Up to $15 billion Annually for Baby Boomers by 2020.
- Millenials are 23% Less Likely to Value Food Brands in Their Purchasing Decision and 18% Less Likely to Shop at Traditional Grocers.
- 40 percent of plants are already operating under breakeven
- Volume manufacturers are particularly affected
- Execution of platform and modular strategies will be key
U.S. Sales Predicted to be 14.3 Million this Year; Generation ‘N’ – ‘Neutral About Driving’ – Partly to Blame
...and Hoping to Gain Traction in Emerging Markets, According to AlixPartners Study
Lioliakis will be based in Paris and adds to the rapidly growing practice, which has recently seen the appointment of Managing Directors Caio Gilberti in London, Claudio Scardovi in Milan, Frank Sui and William Callender in New York, and Bob Hedges and Teresa Epperson in Boston.
Business-transformation expert Yung Chung hired; will be based in Seoul
Even as the U.S. advances significantly in attractiveness
Kelly was recognized for his 25 years as a financial consultant and the continued growth of the firms investigations and related work around the world.
Cost of goods sold as a percent of revenue up 5 points since 2008
Masahiko Fukasawa hired to co-lead Tokyo office with Tsutomu Noda
Operations and strategy veteran Ron Scalzo has joined the firm as a managing director in its Enterprise Improvement unit.
Weak industry balance sheets could lead to further consolidation, firm predicts
AlixPartners employees to continue to share in company ownership
This office joins two other AlixPartners offices in Asia (Shanghai and Tokyo)
The survey explores the ways in which multinationals are addressing corruption risk
Gilberti joins with more than 15 years of consulting and industry experience in both commercial and consumer finance.
...among those interested in using a digital wallet, 74% would prefer that their primary bank serve as the provider...
Mobile banking adoption extpected to approach 50% by 2016
Restaurants – no longer able to count on growth solely by opening new locations...
Three seasoned experts hired.
Financial services expert Claudio Scardovi has joined the firm as a managing director in its Financial Services Practice in the EMEA region.
But uncertainty on the economic and political fronts leads to caution, the need for ‘stingy growth’
33 Others Promoted to Director, as Firm Continues its Aggressive Growth
AlixPartners LLP, the global business-advisory firm, today announced that financial services expert Frank Sui has joined the firm as a managing director in its Financial Services Practice.
Gulf Cooperation Council chemicals sector strong but facing challenges; regional companies must adapt to new feedstock options and changing markets.
Earnings Woes Imperil Telecom Companies Capital Needs, According to AlixPartners Study
Middle East telecoms operators are leaving up to $8 billion on the table, according to AlixPartners study
Mexico Continues to Lead as Lowest-Cost Country for U.S. Outsourcing; U.S. Closing Cost Gap with China.
AlixPartners expands its financial services practice with the addition of William N. Callender.
AlixPartners LLP, the global business-advisory firm, today announced that strategy and business intelligence expert Nord Samuelson has joined the firm as a managing director.
Jim Mesterharm, Ken Hiltz, John Dischner honored for GGP; Holly Etlin for Neff
Pat Byrne Joins Rapidly Expanding Firm
Lean manufacturing/Six Sigma programs seen as a poor investment for most companies
...and What Banks Need to Do to Compete and Grow, According to New AlixPartners Paper
While the technology sector weathered the recession better...
A new study of the high-technology industry sheds new light on the likely rationale for big, recently announced deals.
Marketing-analytics and digital-strategy expert Drew Carter has joined the firm as a managing director in the firm’s Information Management Services unit.
AlixPartners Enhances Financial Services Industry Expertise with the Addition of Mercatus Principals Bob Hedges and Teresa Epperson
45% of consumers to purchase more private-label food products than brand name products.
Supplier outlook even brighter than OEM’s, with the aftermarket being a key growth opportunity.
NEW YORK (May 23, 2011) – AlixPartners LLP, the global business-advisory firm, today announced that restructuring, advisory and interim-management exp...
30-year veteran Rob Morris joins the firm in Hong Kong
Robert N. Yerman has joined the firm as a managing director in AlixPartners’ Financial Advisory Services Practice
AlixPartners announced the appointments of Hamed Kazim as senior advisor and Vinzenz Schwegmann as managing director for the Middle East region
Amid Diverging Strategies, Investors Agree on One Thing: Vast Majority Want Washington to Force Banks to do more for the Economy
93% of Britons say that the new financial reforms have either had no impact on their investment behaviour or they have made them less likely to invest
Firm hires healthcare veteran Bill Siren
25 Others Promoted to Director, as Firm Expands its High-Performance Client Service
EBITDA growth trails revenue growth by 50% globally and 90% in North America, leaving behind $24 billion in untapped cash opportunities for CapEx; underperforming companies have $200 billion in EBITDA
Profitability down by up to €12 billion over the last five years, EBITDA margins down by 3 points, operating cash as a percentage of revenues down by 2.5 points
Up to $3 billion in just ‘trapped cash’ could be released as Middle East operators continue to experience pressure on profits
53% of companies expect to reach pre-recession revenues by the end of this year; 42% likely to be involved in M&A in the next 12 months; but low business-analytics usage could limit growth
Value Remains the Dominant Theme, Out-of-Stocks Are Putting Sales at Risk, Youth Market to Lead in Growth
Expenditure on Christmas gifts could fall by 6.5 billion Euros this year.
8% decrease in holiday spending expected; 86% of consumers plan on spending the same or less; expected increase in online shopping and gift card purchases
64% of Western Europeans are not happy with the direction their economies are heading in compared to 59% of Americans
59% not happy with the direction the economy is heading; 76% don’t foresee a return to pre-recession levels until 2012; only 30% think Democrats’ losing Congress would make any difference
2010 award for the corporate-turnaround work done on behalf of BearingPoint Inc.
About half now see private-label as good as national brands in quality; small and medium-sized manufacturers most at risk
Emerging markets growing, especially in the ‘middle segment’ – opportunities for European manufacturers
Still Struggle to Compete in Developed Markets and to Meet Regulatory Challenges, According to AlixPartners Study
Domestic companies need to generate up to 50% in cost improvements
Seven in 10 Feel the Same or Worse Economically Than a Year Ago
The Aerospace and Defense industry performed surprisingly well in 2009, compared to other industries, but 2010 and 2011 promise more challenges.
Companies Have Historic Opportunity to Leverage their Restructurings to Achieve All-New Levels of Earnings and Competitiveness
One in five investors say they’ll stay out of the equity markets for at least three years.
Only four out of ten UK investors think they will invest in the stock market within the next three years.
Only 20 percent want to buy stocks and funds in the next three years.
Only four out of ten UK investors think they will invest in the stock market within the next three years.
Only four out of ten UK investors think they will invest in the stock market within the next three years
Only 20 percent want to buy stocks and funds in the next three years.
Rapid growth is anticipated in the restaurant industry in China as a key segment of consumers say they plan to dine out more.
90% believe there will be a major municipality default this year or next
Americans are dining out more, but still keeping a tight grip on their wallets; restaurants also expected to be pressured by rising commodity costs and still-damaged balance sheets
Recipients represent AlixPartners, Lazard London, and the Michigan Network with Outstanding Achievement
Technology Acquisition Also a Priority, Buttressed by International Hiring; Domestic Market Share of Chinese Automakers Seen Rising to 36% this Year
Cost Increases and Price Competition May Also Impact Profitability Going Forward
Stagnant demand expected for at least 12 months; some 25% of consumers say they’ll drink less beer and carbonated soft drinks.
Implications Reach Far Beyond Retail; Another Indication of a ‘New Normal’ Post-Recession Economy
But Only for Investors and Lenders Who ‘Get their Houses in Order’
More than $6 billion in Regional Debt Set to Mature this Year; Issue to be Addressed by Vice Chairman Al Koch in Lecture Tomorrow at Univ. of Georgia
Mexico Continues to Lead as Lowest-cost Country for U.S. Outsourcing; Vietnam, Russia and Romania, Making Huge Strides, Also Edge Out China
39% of HE Companies Studied Now at Risk, Up from 13% a Year Earlier; SG&A Costs Up 4% in Last Two Years Despite Double-Digit Revenue Decline
€136 billion in Debt at British Companies; German, €115 billion; Italian, €47 billion; French, €99 billion
Self Help’ Now the Name of the Game
Respondents Anticipate Cutbacks of up to 9% in Some Discretionary Sectors
22% of Large-bank Customers Plan to Switch to Local Banks
Essentially the Same Rate Predicted in February, on the Heels of Wall Street Meltdown.
From the Institute for Turnaround
Majority expect strong growth in turnover; but only 3 percent plan on financing growth using additional bank loans
Results suggest “Generation Reset” and Changes in Retail Spending Patterns
Survey Reveals While Americans Plan to Keep Eating Out, Average Spending Per Meal Could Fall by 20%; Key Sentiment Shifts Are Seen Since Q1 Poll
Electric-Carmaker Fisker Automotive to Purchase Assembly Plant in Delaware
Poll Indicates a Potential Contraction of up to 26% in the Market for Financial Advisor
Companies Could Double Over Next 12 Months
According to a new AlixPartners Survey
But Survey Suggests Post-Recession Growth Opportunities for U.S. Businesses
Survey Also Shows AlixPartners Highest in ‘Morale’ and ‘Greatest Sense of Helping Clients’ Categories
Firm Sees a Likely ‘New Normal’ in Post-Recession Industry Demand - N.A. Sales Seen as Rebounding Relatively Quickly, But Plateauing at 15-16 million Units
Over Half are Paying Suppliers Late, Almost Three-Quarters are not Communicating Frequently with their Suppliers’ Credit Insurers, Nearly Half Have Seen their Suppliers’ Credit Limits Cut
Municipalities, Hospitals, Energy Top List of Segments Seen Likely To Next Need Restructuring
Mexico Surpasses China and India in the Analysis; China’s Total Costs Just 6% Below U.S.’s
Office to Focus on Corporate Investigations and Regulatory Readiness & Response
In Survey, Over Half of Respondents Expect to Spend $10 or Less per Meal this Year; Industrial-Style ‘Lean’ Approach Needed in the Industry
According to AlixPartners Study
Would Translate into a 10% Drop in GDP for Nearly a Decade; Baby Boomers Would Account for 35% of Total Dollars Saved Post-Recession; Will Necessitate Businesses to Modify Long-Term Growth Expectation
Receives Large Company 'Turnaround of the Year' and 'Turnaround Consultant of the Year' Awards