Word: appareled
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...runway in clothes created in quiet protest against fashion's outlandish theatricality. He has never dabbled in a world of beaded headgear or rubber cocktail dresses. "I've always believed in simplicity," Klein reflects. "I've never been one to see women in ruffles and all kinds of fanciful apparel. To me it's just silly." No matter what the Gaultiers and Gallianos are doing, Klein, 53, keeps his palette defiantly muted, his lines aggressively clean, his style obsessively grounded in reality...
...industry embroiled in global competition, Wachner could not foresee a reasonable return on investment soon. Despite the improvements, Hathaway last year lost $5 million on revenues of $43 million. Many apparel makers have closed U.S. factories and/or shifted manufacturing to low-cost offshore havens. Hathaway, in fact, has a plant in Honduras where workers earn a fraction of the average wage of $7.50 an hour at Waterville...
...wealth were evident, from the Gulfstream jet she arrived in to her heart-shaped, five-carat diamond ring to the coterie of executives who trailed in her wake. It was a retinue befitting the chairman and CEO of Warnaco Group, Inc., Hathaway's parent, primarily a manufacturer of intimate apparel, with sales last year of $916 million...
...mission to Maine last week struck a more compassionate note. She even pledged that Warnaco would retain an equity stake in Hathaway if necessary to help the local investors swing a deal. Workers applauded the news as their last, best hope. But former Governor McKernan has no experience in apparel and rates his chances of keeping the plant going no better than fifty-fifty. Wachner does have experience. That's why she's getting...
Profits at Tiffany jumped 34%, to a record $39 million in 1995, even as mass merchants such as Caldor and Jamesway were trooping into bankruptcy court and closing hundreds of stores. Gucci, the once-moribund designer and retailer of fashion apparel, has come roaring back under Bahrain-based Investcorp, which said just last week that it plans to sell its remaining 51% stake in Gucci to the public for some $1.1 billion this year. Investcorp will also sell shares in its resurgent Saks Fifth Avenue chain this year, six years after buying the once-flagging operation...