Word: apparel
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Dates: during 1960-1969
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...rulings have virtually outlawed "horizontal" mergers (between competitors) and, to a lesser extent, "vertical" ones (with suppliers or customers). As a result, today's merger-minded companies are looking for partners in industries far afield from their own, as in American Tobacco's current negotiations to acquire apparel-making Kayser-Roth Corp...
...than $1,000,000 in American-made goods were on sale at its six-story downtown store and four outlying branches. Bruxellois by the thousands jammed the main store situated on Rue Neuve to examine and buy American household gadgets, costume jewelry, sporting goods and nearly every kind of apparel, including paper dresses. Few paid much attention to picketing by pro-Peking youths or to the anti-U.S. tracts they passed out. To make the occasion thoroughly American, L'Tnnovation officials had splashed red, white and blue decorations and U.S. travel posters throughout the store...
...Apparel Number of Workers 151,000 Month of Expiration Jan., May, July
Luxurious Demand. "Consumer spending is not falling, but it is shifting -from autos to services, from appliances to apparel,'' says Commerce Department Economist Louis Paradise. The housing collapse has hurt markets for furniture, floor coverings, refrigerators and washers. Yet retailers note substantial increases in demand for costly clothes, furs and diamonds, despite a nervous stock market which could be expected to cut sales of luxury goods. Sales of color TV sets will climb from 2,750,000 last year to about 4,750,000; actually, TV makers could do much better were they not slowed by shortages...
...climbing and may continue to do so. In June, there was an increase in the tab for beauty treatments, auto insurance, medical care and other services. Clothing tags are expected to rise 5% to 10% next month as a result of pay increases recently granted to textile and apparel workers...