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CNBC Meets

CNBC Meets: Sung-Joo Kim, part two

In part two, Sung-Joo Kim talks about how she was forced to sell the rights to exclusively distribute Gucci during the Asian financial crisis in 1997, when her firm lost $30 million overnight.

Kim said she was concerned about the future of her employees, but managed to sell 100 percent of the rights to Gucci very successfully.

Kim also reveals the business community looked down on the way she held transparent business records as this was not "common business practice" in the 1990s in South Korea, but the crisis proved her business was strong enough to survive.

CNBC Meets

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  • Showtimes

    EMEA (CET)

    Wednesday 25 March 23:00

    Saturday 28 March 23:30

    Sunday 29 March 18:30

    Wednesday April 22 23:00

    Saturday April 25 23:30

    Sunday April 26 18:30

    Wednesday May 20 23:00

    Saturday May 23 23:30

    Sunday May 24 18:30

    CNBC World (EST)

    Saturday March 28 22:00

    Sunday March 29 16:30

    Saturday April 25 22:00

    Sunday April 26 16:30

    Saturday May 23 22:00

    Sunday May 24 16:30

    Asia (SIN/HK)

    Saturday March 28 17:30

    Sunday March 29 19:30

    Saturday April 25 17:30

    Sunday April 26 19:30

    Saturday May 23 17:30

    Sunday May 24 19:30

  • Tania Bryer is a guest presenter and executive producer of CNBC Meets. In this series, she profiles some of the world’s most successful business people to find out what makes them tick. Bryer previously worked for BBC and Sky Television.