Word: aprils
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...million, compared with a $25 million profit in the fourth quarter of 2007. Talbots has updated its merchandise to fit its repositioning as a younger company. According to Chen, however, the company is too indebted to revamp its musty stores, a big hindrance to its turnaround plans. In an April research report, Brian Tunick, retail analyst at JPMorgan Securities, listed his top 10 myths that "along with the Easter Bunny, we're not sure we believe in either." No. 4: The Michelle Obama Bounce...
...Then, in early April, she wore a $298 J. Crew cream hand-beaded cardigan, with a $158 "dazzling dots" pencil skirt, on a visit to a London cancer center with Sarah Brown, wife of British Prime Minister Gordon Brown. The photos shot around the globe. The cardigan sold out on J. Crew's website by 10 a.m. E.T. the same day. Two days later, it was selling for $600 on eBay. The wait-list for the cardigan at J. Crew exceeds 200. "I feel like I'm getting a present every day," says Jenna Lyons, creative director for J. Crew...
...Same-store sales fell 14.2% for the year, and an incredible 24.6% in the fourth quarter. Over the past year, the company has desperately tried to reposition itself from a frumpy brand for the over-50 set to a stylish look for the new sophisticated 40-something. In early April, the May issue of Essence hit newsstands, with Obama wearing a $169 Talbots silk dress on the cover. It was a marketing godsend...
...study, published online in April by the American Journal of Psychiatry, was conducted using data from a large, government-funded trial called Sequenced Treatment Alternatives to Relieve Depression, which usually goes by the moniker STAR*D. The STAR*D project, which collected data from 2001 to 2004 at 41 U.S. psychiatric facilities, was one of the most ambitious efforts ever to understand how best to treat people with major depression. STAR*D participants comprise a powerful research sample because they are highly representative of all depressed Americans. Very few depressed people were excluded from STAR*D; only women who were...
...warns it can still put otherwise healthy young adults and older children into hospital with pneumonia. This effect has killed at least 26 people in Mexico, although the majority had deteriorated substantially before they were given antiviral drugs. Furthermore, while the number of new cases has dropped since late April when about 200 people a day were pouring into Mexican hospitals, there are still about 40 people a day being admitted to clinics for swine flu treatment. Mexico's big hope is that this number will not shoot back up as the nation gets back to work. "We cannot...