Paul Swarovski … Sein Nachfolger wird Tyrolit-Chef Christoph Swarovski, wurde am Dienstag mitgeteilt. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. They have filed for arbitration, hoping that Buchbauer’s move will be nullified. Paris, le 30 septembre 2015. Für Nadja war sofort klar: Das ist der Durchbruch. Crystals made by competitors in China sparkle just as brightly -- for as little as one percent of the price. Paul Swarovski, a shareholder and former member of the executive board of Austrian crystal glass manufacturer Swarovski, poses for a photo during an interview with AFP in Vienna, Austria, on November 19, 2020. He wants to make Swarovski's crystals more exclusive, producing fewer, larger and more colorful products that can be sold at a higher price. Moreover, she says many staff don't believe that Swarovski will succeed in becoming an affordable luxury brand. Helmut Swarovski, Danna Swarovski and Nadja Swarovski attend a press view of 'Zaha Hadid: Early Paintings And Drawings at The Serpentine Sackler Gallery on December 7, 2016 in London, England. Except for Nadja's father, Helmut Swarovski, the members of the fourth generation all stepped down from the company board in the last two years (two outsiders remain as directors). Oh my gosh – groundhog day!” Nadja Swarovski, the glossy, globe-trotting scion of the Austrian crystal empire, is excitedly musing on her 20th anniversary with the family business. “As long as the captain who is steering us toward a reef has his hands at the tiller, one has to make sure to get him … Overall revenues for crystals are projected to plummet by 30 percent, from 2.7 billion euros ($3.3 billion) last year down to about 1.9 billion. Other clan members are convinced that customers who have already been turning to cheaper competitors won't pay higher prices. She joined the Swarovski family firm in 1995, 100 ye Ce que contestent les héritiers (environ 200 membres) réunis autour de Gerhard, Paul, They have filed for arbitration, hoping that Buchbauer's move will be nullified. He's been joined by Nadja Swarovski, one of three members of the executive board, as well as her father Helmut and her uncle Gerhard. Paul Swarovski, a shareholder and former member of the executive board, says he wants to stop Buchbauer's plans "before everything goes down the drain". The plan won the backing of family members holding around 80 percent of shares -- a "legally effective" decision, says Buchbauer, who stands to gain more power from the change. Her great-great-grandfather Daniel supplied Swarovski crystals to embellish dresses for Queen Victoria; and her grandfather Manfred Swarovski worked with Christian Diorto create the iconic 'Aurora Borealis' stones. Les cristaux de Swarovski ont peut-être orné les tenues de célébrités comme Beyonce et Marilyn Monroe et ont été utilisés par des designers comme Christian Dior, mais Buchbauer dit que parmi les clients commerciaux, ils perdent leur lustre. They have filed for arbitration, hoping that Buchbauer's move will be nullified. Helmut Swarovski stellte die Exzentrikerin seiner ehrgeizigen Tochter vor. Step into the magical world of Swarovski: fine jewelry, elegant watches and sparkling crystal creations commemorate the brand's tradition and craftsmanship. Dem Manfredianer Helmut Swarovski ließ Buchbauer – Helmuts Neffe zweiten Grades – schriftlich ausrichten, dass er abgesetzt werde, sollte er der Reform bis 9. He's been joined by Nadja Swarovski, one of three members of the executive board, as well as her father Helmut and her uncle Gerhard. They have filed for arbitration, hoping that Buchbauer’s move will be nullified. Having led the company's manufact… AFP. Paul Swarovski insists Buchbauer must go. Paul Swarovski … Cristaux fabriqués par les concurrents en Chine brillent tout aussi brillamment – pour aussi peu que 1% du prix. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20% of shares they hold gives them veto power. She is the first female member of the executive board, and leads the global brand strategy and communications of the business, which turned over approximately €3.5 billion in 2017. But he is being opposed by other family members who also sit on the board – Paul, Nadja, Helmut and Gerhard Swarovski – who accused him of ‘steering the ship … But family including Paul, Nadja, Helmut and Gerhard Swarovski say he is ‘steering the ship towards a reef’ Crystal-studded clouds reflected in a pond, an oversized crystal chandelier surrounded by mirrors: The headquarters of the Swarovski … Swarovski now offers rhinestones to fashion brands, binoculars to hunters, and jewellery and crystal figurines of characters from Mickey Mouse to Princess LeiaÂ, Job cuts and shop closures planned by Swarovski, A statuette of Pokemon game character Pikachu, studded with Swarovski crystals, is displayed at a Pokemon store in Tokyo, CEO Robert Buchbauer says the pandemic and competition from China has forced Swarovski to "reimagine and rescale" its entire strategy, Swarovski crystals have adorned the outfits of celebrities like Beyonce and Marilyn Monroe, Crystal glass manufacturer Swarovski's headquarters are in in Wattens, Austria, US Stocks End Mostly Up, Shrugging Off Trump Stimulus Threat, GM Recalls 840,000 Vehicles In Safety Recalls, Coronavirus Strain From UK May Already Be In US, CDC Says, Social Capital: The Ultimate Gift To America, Austen Allred Broke Down The Biggest Barrier To Higher Education. Buchbauer, who became Swarovski's first ever CEO in April, won approval from shareholders for his own proposal which would bring the Wattens operations under the umbrella of a holding company. … Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 per cent of shares they hold gives them veto power. Er erhielt in einer Gesellschafterversammlung am Mittwoch nicht die notwendige Zustimmung, teilte der Konzern in einer Aussendung mit.Helmut Swarovski… Helmut Swarovski is Chairman/President at D Swarovski & Co. See Helmut Swarovski's compensation, career history, education, & memberships. They have filed for arbitration, hoping that Buchbauer’s move will be nullified. Eine neue, jüngere Mannschaft, die vierte Swarovski-Generation, übernahm damals blutjung das Ruder: Gerhard Swarovski als Controller, der studierte Ingenieur Helmut Swarovski wurde Produktionschef, Christian Schwemmberger übernahm das Marketing, und der 32-jährige Gernot Langes-Swarovski … Swarovski's crystals may have adorned the outfits of celebrities like Beyonce and Marilyn Monroe and been used by designers including Christian Dior, but Buchbauer says among business clients they are losing their luster. “You do the swan and the duck - why would we ever want that in fashion? Helmut Swarovski … … Normally, 650,000 tourists flock to the site in the town of Wattens in Austria's mountainous Tyrol region every year. Swarovski now offers rhinestones to fashion brands, binoculars to hunters, and jewellery and crystal figurines of characters from Mickey Mouse to Princess Leia  Photo: AFP / ANDREAS SOLARO. 03:43. He has been joined by Nadja Swarovski, one of three members of the executive board, as well as her father Helmut Swarovski and her uncle Gerhard Swarovski. Sein unternehmerischer Werdegang hat Helmut Swarovski (Vater von Nadja Swarovski) 1970 mit der Leitung der technischen Entwicklung bei Swarovski begonnen. They have filed for arbitration, hoping that … Crystal-studded clouds mirrored in a pond, an outsized crystal chandelier surrounded by mirrors - the headquarters of the Swarovski Family feud rages as Swarovski empire loses its lustre. Exactly 125 years after founder Daniel Swarovski developed a machine to cut glass to shimmer like diamonds, his great-great grandchildren now reign over a diversified operation -- offering rhinestones to fashion brands, binoculars to hunters, and jewelry and crystal figurines of characters from Mickey Mouse to Princess Leia. In the cut-throat luxury goods industry, Swarovski … Crystals made by competitors in China sparkle just as brightly -- for as little as one percent of the price. Dezember nicht zustimmen. Unless his plans are executed in full, Buchbauer says, "we'll end up among the losers. Helmut Swarovski, Danna Swarovski Prabel Grung, Stan Herman and Nadja Swarovski attend a supper following the 2011 CFDA Fashion Awards at Alice Tully Hall, Lincoln Center on June 6, 2011 in New York... Obtenez des photos d'actualité haute résolution de qualité sur Getty Images They have filed for arbitration, hoping that Buchbauer's move will be nullified. Her father Helmut Swarovski ensured that Swarovski remained at the forefront of technological advances and new market opportunities. November, antwortet Helmut Swarovski, Vater von Nadja Swarovski-Adams, dem international wohl bekanntesten Gesicht des Tiroler Kristallkonzerns, den „lieben Beiratsmitgliedern“. They have filed for arbitration, hoping that Buchbauer's… "We are forced to reimagine and rescale our entire Swarovski business," Buchbauer tells AFP at the Wattens HQ, framed by a selection of Swarovski-embellished robes. Paul Swarovski … Today News || WATTENS, AUSTRIA -- Crystal-studded clouds reflected in a pond, an oversized crystal chandelier surrounded by mirrors: the headquarters of CEO Robert Buchbauer – the great-great grandson of founder Daniel Swarovski – has a plan which involves sacking 6,000 staff, closing 750 stores, and moving the brand upmarket into more expensive and colourful products. 1d. Paul Swarovski insists Buchbauer must go. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Crystals made by competitors in China sparkle just as brightly — for as little as one percent of the price. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20% of shares they hold gives them veto power. Get premium, high resolution news photos at Getty Images Except for Nadja's father, Helmut Swarovski, the fourth generation's members all stepped down from the company board in the last two years (two outsiders remain as directors). Crystal-studded clouds reflected in a pond, an oversized crystal chandelier surrounded by mirrors: the headquarters of the Swarovski crystal empire are every bit as glitzy as you might expect -- but the sparkle can't distract from a bitter family feud over the company's future. Swarovski’s crystals may have adorned the outfits of celebrities like Beyonce and Marilyn Monroe and been used by designers including Christian Dior, but Buchbauer says among business clients they are losing their luster. Christoph Swarovski, Tyrolit-Chef und Präsident der Industriellenvereinigung Tirol, wird nun doch nicht Helmut Swarovski, der sich aus der Konzernführung zurückzog, im Beirat der Daniel Swarovski KG nachfolgen. Neither will around 750 of its 3,000 stores worldwide. From 1995 to 2011 he was Chairman of the Management Board. But the coronavirus pandemic hasn't only left it deserted -- it has also magnified much deeper issues for the company. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20% of shares they hold gives them veto power. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Nadja has overseen Swarovski's Global Corporate Responsibility efforts since 2012. Your premium period will expire in 0 day(s), Countries that have blocked travel from UK, WhatsApp to bring voice and video calls to desktop next year, Lab-grown meat makes historic debut in Singapore, Japan fights coronavirus in luxurious style with million-yen masks, Indonesian designers, brands make chic face masks for the fashion-forwards. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20% of shares they hold gives them veto power. "As long as the captain who is steering us toward a reef has his hands at the tiller, one has to make sure to get him away from the tiller," he says. Aber im Wohnzimmer hängt einer unser Lüster, vom niederländischen Designer Tord Boontje. In the cut-throat luxury goods industry, Swarovski is one of few entirely family-owned businesses left run as a limited partnership. Long-planned, sweeping cuts have only become more urgent, Buchbauer says. The plans are already under way, with about 1,200 employees in Wattens losing their jobs this year and a further 600 posts expected to go in 2021. Now, says Clare Coulson, she is making superyachts sparkle too. Initially this was a useful structure for a small-scale manufacturer but all sides agree it is now an impediment for the international, multi-billion-euro operation. Except for Nadja's father, Helmut Swarovski, the members of the fourth generation all stepped down from the company board in the last two years (two outsiders remain as directors). Read also: Japan fights coronavirus in luxurious style with million-yen masks. Rupert Adams, Danna Swarovski, Nadja Swarovski and Helmut Swarovski attend The Fashion Awards 2016 at Royal Albert Hall on December 5, 2016 in London, United Kingdom. "We don't feel like we are the heart of the company anymore," Staerz told AFP in between advice sessions for laid-off staff. Swarovski crystals have adorned the outfits of celebrities like Beyonce and Marilyn Monroe Photo: AFP / JOE KLAMAR. Paris, le 30 septembre 2015. Either way, Staerz says, people have lost faith in an employer once lauded for providing benefits like childcare and housing. They can buy diamonds," she says. They have filed for arbitration, hoping that … Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. The downsizing will also mean laying off about 6,000 employees. To this already ruinous competition, Buchbauer says, the pandemic has added "sales shortfalls on a gigantic scale". Les cristaux de Swarovski ont peut-être orné les tenues de célébrités comme Beyonce et Marilyn Monroe et ont été utilisés par des designers comme Christian Dior, mais Buchbauer dit que parmi les clients commerciaux, ils perdent leur éclat. They have filed for arbitration, hoping that Buchbauer’s move will be nullified. Normally, 650,000 tourists flock to the site in the town of Wattens in Austria's mountainous Tyrol region every year. Christoph Swarovski, Tyrolit-Chef und Präsident der Industriellenvereinigung Tirol, wird nun doch nicht Helmut Swarovski, der sich aus der Konzernführung zurückzog, im Beirat der Daniel Swarovski KG … The Swarovski Beirat consists of six members: Marina Giori, Monika Schiestl-Swarovski, Robert Buchbauer, Markus Langes-Swarovski, Mathias Margreiter and Helmut Swarovski. “It’s so scary; it still seems like the first year. Photo —- AFP Normally, the town of … The plan won the backing of family members holding around 80 percent of shares -- a "legally effective" decision, says Buchbauer, who stands to gain more power from the change. Helmut Swarovski, Danna Swarovski and Nadja Swarovski attend a press view of 'Zaha Hadid: Early Paintings And Drawings at The Serpentine Sackler Gallery on December 7, 2016 in London, England. Mass-market products like manicure sets and mobile-phone cases graced with Swarovski crystals may have given the company a wide appeal, but they have no place in the future, he says. Helmut Swarovski ist eines jener Familienmitglieder, die sich mit den jüngsten Entscheidungen von Swarovski-CEO Robert Buchbauer nicht einverstanden zeigen. Er müsse zur … Crystal-studded clouds reflected in a pond, an oversized crystal chandelier surrounded by mirrors: the headquarters of the Swarovski crystal empire are every bit as glitzy as you might expect -- but the sparkle can't distract from a bitter family feud over the company's future. Crystal-studded clouds reflected in a pond, an oversized crystal chandelier surrounded by mirrors: The headquarters of the Swarovski crystal empire are every bit as glitzy as you might expect – … Meanwhile, members of the clan posting photos of luxury holidays on social media or descending from helicopters for meetings in Wattens have only added to the frustration and disbelief of employees, says union representative Selina Staerz. Job cuts and shop closures planned by Swarovski Photo: AFP / Romain ALLIMANT. Paul Swarovski insists Buchbauer must go. Crystal-studded clouds reflected in a pond, an oversized crystal chandelier surrounded by mirrors: The headquarters of the Swarovski crystal empire are … They have filed for arbitration, hoping that … "We are forced to reimagine and rescale our entire Swarovski business," Buchbauer tells AFP at the Wattens HQ, framed by a selection of Swarovski-embellished robes. Buchbauer, who became Swarovski's first ever CEO in April, won approval from shareholders for his own proposal which would bring the Wattens operations under the umbrella of a holding company. Paul Swarovski, a shareholder and former member of the executive board, says he wants to stop Buchbauer's plans "before everything goes down the drain". Exactly 125 years after founder Daniel Swarovski developed a machine to cut glass to shimmer like diamonds, his great-great grandchildren now reign over a diversified operation -- offering rhinestones to fashion brands, binoculars to hunters, and jewellery and crystal figurines of characters from Mickey Mouse to Princess Leia. Fri, Mar 8 2019 6:13 … Nadja Swarovski: Wir trinken weniger Kaffee, bei uns gibt es morgens Weizengras, frisch gepresst. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. "We don't feel like we are the heart of the company anymore," Staerz told AFP in between advice sessions for laid-off staff. Zudem zeigte sich eine Familiengruppe - zu denen unter anderen Gerhard, Paul, Helmut und Nadja Swarovski zählen - nicht einverstanden mit den Plänen von Buchbauer, die Konzernstruktur zu verändern. Nadja Swarovski, member of the executive board at Swarovski, says gender equality is "incredibly important" for her firm. Though Buchbauer says no further cuts would be necessary after 2021, rumours persist that the whole operation will be transferred to neighbouring Switzerland. "As long as the captain who is steering us toward a reef has his hands at the tiller, one has to make sure to get him away from the tiller," he says. Downsizing. Elle a rejoint la Swarovski entreprise familiale en 1995, 100 ans après sa fondation par son arrière-grand-grand-père Daniel Swarovski en 1895 à Wattens, en Autriche.Elle est la première … Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Paul Swarovski insists Buchbauer must go. The plans are already under way, with about 1,200 employees in Wattens losing their jobs this year and a further 600 posts expected to go in 2021. Other clan members are convinced that customers who have already been turning to cheaper competitors won't pay higher prices. A statuette of Pokemon game character Pikachu, studded with Swarovski crystals, is displayed at a Pokemon store in Tokyo Photo: AFP / Behrouz MEHRI. By Denise HRUBY, ANDREAS SOLARO, Romain ALLIMANT, Behrouz MEHRI, JOE KLAMAR, JOE KLAMAR, JOE KLAMAR. The Swarovski Group comprises Swarovski Optik, which produces optical instruments of the highest precision such as telescopes and binoculars; Tyrolit, a leading manufacturer of grinding, sawing, drilling, and dressing … Helmut Swarovski most recently held the functions of chairman of the family advisory board, managing director of the group holding company in Austria and as a board member of Swarovski International Holding. She studied Art History at Southern Methodist University in Texas, and at Sotheby’s Institute of Art and the Gemological Institute of America in New York City. (AFP/Joe Klamar). Paul Swarovski … Neither will around 750 of its 3,000 stores worldwide. Though Buchbauer says no further cuts would be necessary after 2021, rumors persist that the whole operation will be transferred to neighboring Switzerland. NADJA SWAROVSKI HONORED WITH FRENCH ARTS DISTINCTION March 7, 2017 News 0 Comments Nadja Swarovski, Member of the Swarovski Executive Board, has been made a Knight of the Order of Arts and Letters (Chevalier de l’Ordre des Arts et des Lettres) in recognition of her contribution to French culture, in particular her ongoing work to preserve the Château de Versailles. Buchbauer … Along AFP Release December 18, 2020 Oversized crystal chandeliers surrounded by mirrors, crystal-studded clouds reflected in the pond: The headquarters of the Swarovski Crystal Empire is as glamorous as you would expect-but the brilliance distracts you from the fierce family feud of the company. ", Crystal glass manufacturer Swarovski's headquarters are in in Wattens, Austria Photo: AFP / JOE KLAMAR. Moreover, she says many staff don't believe that Swarovski will succeed in becoming an affordable luxury brand. They have filed for arbitration, hoping that Buchbauer’s move will be nullified. "As long as the captain who is steering us toward a reef has his hands at the tiller, one has to make sure to get him away from … Swarovski was surrounded for the occasion by her father Helmut, her husband Rupert Adams and their daughter Jasmine, as well as guests including Karlie Kloss and Carine Roitfeld. Read also: Indonesian designers, brands make chic face masks for the fashion-forwards. Nadja Swarovski (born 1970) is an Austrian businesswoman. Overall revenues for crystals are projected to plummet by 30 percent, from 2.7 billion euros ($3.3 billion) last year down to about 1.9 billion. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Initially this was a useful structure for a small-scale manufacturer but all sides agree it is now an impediment for the international, multi-billion-euro operation. Helmut et Danna Swarovski assistent aux 120 ans de la maison Swarovski aux Salons France-Amériques. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Helmut Swarovski is affiliated with Alignvest Acquisition II Corp., Swarovski International Holding AG, D. Swarovski & Co., Swarovski Optik North America Limited Stay informed and up-to-date on your network with RelSci news and business alerting service. Nadja was born in Germany and grew up in Austria, the fifth generation of her family to be involved in the Swarovski Crystal Business. Except for Nadja's father, Helmut Swarovski, the fourth generation's members all stepped down from the company board in the last two years (two outsiders remain as directors). Swarovski's crystals may have adorned the outfits of celebrities like Beyonce and Marilyn Monroe and been used by designers including Christian Dior, but Buchbauer says among business clients they are losing their lustre. They have filed for arbitration, hoping that Buchbauer's move will be nullified. "The super wealthy don't need our Swarovski crystals. To this already ruinous competition, Buchbauer says, the pandemic has added "sales shortfalls on a gigantic scale". Nadja Swarovski assiste aux 120 ans de la maison Swarovski aux Salons France-Amériques. Helmut Swarovski is Chairman/President at D Swarovski & Co. See Helmut Swarovski's compensation, career history, education, & memberships. They have filed for arbitration, hoping that Buchbauer’s move will be nullified. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20% of shares they hold gives them veto power. Paul Swarovski insists Buchbauer must go. Nadja Swarovski (born 1970) is an Austrian businesswoman. Nadja Swarovski has taken the Swarovski crystal family business from kitsch to cool. They can buy diamonds," she says. But the coronavirus pandemic hasn't only left it deserted -- it has also magnified much deeper issues for the company. Long-planned, sweeping cuts have only become more urgent, Buchbauer says. Zudem zeigte sich eine Familiengruppe - zu denen unter anderen Gerhard, Paul, Helmut und Nadja Swarovski zählen - nicht einverstanden mit den Plänen von Buchbauer, die Konzernstruktur zu verändern. They have filed for arbitration, hoping that Buchbauer’s move will be nullified. Helmut Swarovski , Urenkel von Firmengründer Daniel Swarovski, zieht sich nach 50 Jahren aus der Konzernführung zurück. Nadja Swarovski was born in Germany in 1970. The downsizing will also mean laying off about 6,000 employees. CEO Robert Buchbauer says the pandemic and competition from China has forced Swarovski to "reimagine and rescale" its entire strategy Photo: AFP / JOE KLAMAR. In a region otherwise dependent on tourism where Swarovski is the single largest employer, ex-employees may struggle to find new jobs. Either way, Staerz says, people have lost faith in an employer once lauded for providing benefits like childcare and housing. Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Paul Swarovski insists Buchbauer must go. Die Oppositionellen – zu denen unter anderem Gerhard, Paul, Helmut und Nadja Swarovski zählen – pochen weiter darauf, dass für die Abstimmung über die Struktur Einstimmigkeit … Nadja, Helmut, Gerhard and Paul Swarovski and others objected, saying that the roughly 20 percent of shares they hold gives them veto power. Unless his plans are executed in full, Buchbauer says, "we'll end up among the losers.". Swarovski nadja (né en 1970) est une femme d' affaires autrichienne. Cristaux fabriqués par les concurrents en Chine brillent tout aussi brillamment - pour aussi peu que 1% du prix. She joined the Swarovski family company in 1995, 100 years after it was founded by her great-great-grandfather Daniel Swarovski in 1895 in Wattens, Austria. Paul Swarovski insists that Buchbauer must go. Mass-market products like manicure sets and mobile-phone cases graced with Swarovski crystals may have given the company a wide appeal, but they have no place in the future, he says. He wants to make Swarovski's crystals more exclusive, producing fewer, larger and more colourful products that can be sold at a higher price. But CEO Robert Buchbauer says drastic change is now needed. Can’t be the future. "The super wealthy don't need our Swarovski crystals. Nadja Swarovski, the founder's great-great granddaughter, became the first female member of the Swarovski executive board in 2012. Meanwhile, members of the clan posting photos of luxury holidays on social media or descending from helicopters for meetings in Wattens have only added to the frustration and disbelief of employees, says union representative Selina Staerz. But he is being opposed by other family members who also sit on the board – Paul, Nadja, Helmut and Gerhard Swarovski – who accused him of ‘steering the ship towards a reef’. But CEO Robert Buchbauer says drastic change is now needed. Get premium, high resolution news photos at Getty Images In a region otherwise dependent on tourism where Swarovski is the single largest employer, ex-employees may struggle to find new jobs. In the cut-throat luxury goods industry, Swarovski is one of few entirely family-owned businesses left run as a limited partnership. Nadja is Chairperson of Swarovski Entertainment, whose first feature film, Romeo & Juliet, is due for release in the autumn. They have filed for arbitration, hoping that …