Word: 90s
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...revenue into a flourishing, $3 billion luxury conglomerate with subsidiaries that include such brands as Yves Saint Laurent (YSL), Stella McCartney and Alexander McQueen. With his eye for louche glamour and his movie-star image, Ford, 42, redefined luxury, giving it a sexy, provocative edge. For most of the '90s it seemed as if he and De Sole could do no wrong. Ford had an unerring eye for reinterpreting what the public wanted; De Sole's managerial acumen made Gucci into a model of luxury expansion. Their departure from the scene, insiders fear, may mark the precise moment when that...
Especially since many luxury-goods companies are now paying for overreaching in the '90s. Prada, which acquired Jil Sander and Helmut Lang back then, has been struggling with the resultant $743.6 million debt. And LVMH is reportedly looking to sell the Donna Karan company. Then there are retreating industry stars like Calvin Klein, who retired last summer, and Donatella Versace, who in an attempt to curb financial woes is closing stores and cutting budgets...
...most part ... [collections] I’ve browsed share the same 800- or 900-song collection of late 90s teen pop and prescribed 60s and 70s rock classics,” Nicholas B. Sylvester ’04 wrote in an e-mail. “Which is not surprising: keep in mind that there were 1800 people who paid to see Guster, and most of them probably enjoyed the show. All this is to say Harvard students’ musical taste is very underdeveloped and homogenous and I don’t see iTunes sharing being nearly the vehicle...
...90s, HBS had about one to two students per class who came right from college, according to HBS Managing Director of Admissions and Financial Aid Brit K. Dewey...
...Noting that the economy expanded even during the war-torn '90s, Carter of the IMF argues that Sri Lanka "has the potential to keep growing, even if the worst happens." But any growth it achieves in a state of resumed conflict will be a parody of what this highly literate, resource-rich country can achieve in peacetime. Toyota, for instance, expects any resumption of fighting to slash its sales by up to 25%. A foreshadowing of a Sri Lanka gone wrong already awaits visitors to the posh Welcombe Hotel in Trincomalee. Owned by Sri Lanka's Tourism Minister, the once...