Word: malmsten
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Dates: during 2000-2009
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...with e-tailer innovations - 360-degree revolving sneakers, watches and clothing - that are just making their way to car-buying sites in the U.S. Problem was, they went through their sizable $120 million stake like a New Mexico clearing blaze. "We wanted everything to be perfect," Swedish cofounder Ernst Malmsten told The Financial Times of the company's marketing- and technology-heavy spending habits. "My mistake has been not to have a counterpart who was a strong financial controller...
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