Three of Mr. Saligram's six senior lieutenants quit the office-products supplier within 18 months of his arrival.

WSJ: What to Do When Your Company Hires a New CEO

"The key to the castle in luxury goods is access to the best supplier brands, " agrees Michael May, senior analyst at Jupiter Communications.

FORBES: Luxe.Com

"The key to the castle in luxury goods is access to the best supplier brands, " agrees Michael May, a senior analyst at Jupiter Communications.

FORBES: Luxe.Com