Word: apparel
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...stop production for lack of engines and transmissions, idling 5,100 workers. Such retailers as the Gap, Target and Wal-Mart, which expect to do 40% of their annual business during the holiday season, would suffer a blow to their profits from any long disruption in supplies of toys, apparel and appliances from the Far East...
Nearly all the eulogies mentioned that Harvard was Miller’s life—he wore Harvard jackets, caps and apparel even on the weekends—and that his co-workers and students were family...
...meet the European designers head on. What's more, he feels he has to. Although Lauren is the world's biggest-selling fashion designer (retail customers spend more than $10 billion a year on products bearing the Ralph Lauren name), Wall Street dismisses Polo Ralph Lauren as just another apparel company. If financial analysts would consider it a purveyor of luxury goods, the stock price--and Lauren, who owns 89% of the company--would be all the richer...
That's certainly paying off for the sponsors, because the $2.4 billion surfwear industry is booming. Two of the biggest players, Billabong and Quiksilver, expect their lines of girls' board shorts, T shirts and other apparel to soon meet or beat earnings from boys' lines. "Girls are embracing the lifestyle, the whole surfing experience," says Heidi Bartholomew, director of marketing and design for Billabong Australia. Even girls who have never caught a wave like wearing the floppy, casual clothes, often embellished with Hawaiian floral patterns, stripes or logos...
Though by far the most visible, the WorldCom duo wasn't the only prey: telecom firm Qwest, already under investigation by the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ), is close to restating the past three years of earnings by more than $1 billion; apparel maker Warnaco is now in the SEC's cross hairs; and prosecutors were driving a hard bargain in plea negotiations with ImClone's ex-CEO Samuel Waksal, insisting that he accept at least seven years in prison on insider-trading charges and declining to spare his family members from prosecution...