Word: appareled
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...approach to discounting (TIME cover, July 6, 1962), Korvette's haphazard management was not equal to its ambition of simultaneously upgrading merchandise, adding new services and expanding the New York-based chain into the midwest. To check his chain's decline, Ferkauf last year merged into apparel-making Spartans Industries (which has promised the Federal Trade Commission to sell its own 96 Spartan-Atlantic discount stores) and turned over the reins to Spartans Chairman Charles Bassine...
...group of 20 business executives recently attended a two-day workshop at Esalen in which they played "blindman's buff," one man with eyes open leading another who shut his eyes and contacted his surroundings through touch and smell. At one session, an apparel manufacturer hinted that he really resented his business, wanted to leave it. An Esalen girl staffer then sat opposite him, coaxed him into pretending that she was his business, finally got him to tell her "Go to hell!" He smiled broadly, conceded that he was "proud I could say it." "I am proud...
...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