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...America's National Golf Foundation, 2 out of every 3 new golfers are women. And according to NPD Group, a retail trend-tracking company, only 38% of women who buy golf apparel actually play in it. "Golf is more than just a practical sport now," says Marshal Cohen, chief analyst at the NPD Group. "People are buying golf clothes for multiuse, as a way to make casual clothing dressier." So it makes sense that fashion designers like John Galliano and Karl Lagerfeld are also getting into the game with funky golf-apparel lines that are not just for the fairway...

Author: /time Magazine | Title: High Fashion Hits the Fairways?and Scores | 5/3/2004 | See Source »

...central banker in history" after presiding over the crash of the ruble in 1994, to announce that Yukos had invited him to be its chairman. Gerashchenko said that while certain shareholders had problems with the authorities, Yukos as a company was sound. Can Gerashchenko save the day? Roland Nash, analyst at Moscow-based Renaissance Capital, says the move is simply "papering over cracks." Still, Gerashchenko is expected to be elected chairman after shareholders meet in late June. Compensation Overdose? Igor Landau, the CEO of Franco-German drug company Aventis, fought off a hostile takeover attempt by France 's Sanofi-Synth...

Author: /time Magazine | Title: Bizwatch | 5/3/2004 | See Source »

...turned in an impressive 6.4% annualized gain in the final quarter of last year. Much of the credit belongs to Fukui, who just completed his first year as head of the Bank of Japan. "Out of 100 points, I give his performance a 99," says Jesper Koll, chief Japan analyst at Merrill Lynch in Tokyo. Some have gone so far as to call Fukui, 68, the best central banker in the world...

Author: /time Magazine | Title: Toshihiko Fukui | 4/26/2004 | See Source »

...inventory (now down to a mere three days). The boyish CEO will hand over day-to-day duties to his No. 2, Kevin Rollins, in July but will still be thinking of new ways to scare his competitors. "He's rare in the tech industry," says UBS Securities IT analyst Ben Reitzes. "He gets it." --By Cathy Booth Thomas

Author: /time Magazine | Title: Michael Dell: From College Dorm to Tech Powerhouse | 4/26/2004 | See Source »

Johnson, 42, has seen to it that Fidelity's technology is the envy of the industry. An analyst can walk out of a CEO meeting anywhere in the world and within minutes determine which fund managers are interested in the stock, and file a research note to them. Now she's reinvigorating a performance-driven culture, giving Fidelity some sizzle by encouraging managers to make bigger bets on their best ideas. That's how Peter Lynch turned Fidelity into a household name. Ned Johnson has been speaking for the firm during the fund scandals that erupted last fall...

Author: /time Magazine | Title: Abigail Johnson | 4/26/2004 | See Source »

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