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Patisserie Valerie – the real problem was lack of boardroom diversity says ShareSoc – I despair

By Tom Winnifrith | Monday 6 January 2020


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Of course some of us identified that there was a real problem at Patisserie Holdings more than a year before the public became aware and explicitly warned folks about it HERE in November 2017. Some, like ShareSoc director Chris Spencer-Phillips knew better.  Thankfully Chris sold before it was too late but now identifies the real problem. He writes:

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