After becoming the youngest boss of a publicly listed German company when he took over Puma in 1993, he transformed the firm from a near-bankrupt plimsoll-maker into a trendy high-street brand.

ECONOMIST: France's PPR group buys into Puma

While going through a high-street brand or being attracted by adverts of 0% commission is an easy option, you should shop around for the best rates and look at as many currency providers as possible.

BBC: Travel money: When is the best time to buy?

The collapsed High Street camera retailing brand Jessops has been bought by a group including entrepreneur and Dragons' Den star, Peter Jones.

BBC: Jessops brand sold to Dragons' Den's Peter Jones

In the past 40 years it has been one of the world's most profitable retailers, with a strong brand that has dominated the British high street.

ECONOMIST: Poor marks

It opened its first store in 1968, in Hull, and was bought by Kingfisher in 1984, which expanded the Comet brand into one of the most familiar names on the High Street.

BBC: Comet retailer to go into administration

Global brands adopting local strategies will connect with communities on these personal levels: The ubiquitous Tesco out-of-town, high-street and service-station supermarket has come to represent everything that is negative about a global brand, and nothing that is good.

FORBES: Think More, Think Local