Chapter 253

In Tiana's words, the things that worked last year might not work for the upcoming market. "What do you think is the real reason for LX's downfall?" Nelson asked. "They were too hasty in their company's expansion," Sabrina replied. "What else?" he pressed. "There's the problem with funding and conflict within the top management…" Sabrina had just entered the business world at the time and knew a bit about the situation. At the peak of their success, LX acquired 12 brand matrices, making them the first company in the country to implement a matrix strategy. "The primary driving force behind LX's downfall was their stakeholders. The greed and pressure from their stakeholders pushed the brand to open multiple stores at once. The owner's eagerness for success, corruption within the sponsors... and the lack of ability to integrate the supply chain made failure inevitable," Nelson said with a sigh. Sabrina tilted her head. "Nelson, are you hinting at something?" He patted her head. "I