Word: boom
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That's because Estee Lauder Inc., which controls some 50% of the $7 billion prestige beauty market and owns top brands such as Clinique, Origins and M.A.C., refuses to sell to independent sites. At the height of the e-tail start-up boom last fall, such niggling details didn't matter. Like most other e-commerce ventures, the beauty sites were thinking only about getting big, fast. Sooner or later, they thought, the big brands like Lauder, Lancome and Chanel would come on board. "The start-ups' lack of knowledge was painful," says Allan Mottus, an analyst who consulted...
...irresistible baby boom generation has a way of imposing its will upon history. Sheer force of numbers (40 million) has blessed the boomers with a sublime sense of their own entitlement and a willful generational narcissism that empowers them in sibling teamwork toward rational solutions. So they have had their way over the years - in matters of Vietnam (get out!), of fashion, of sexual license, of music, of public health (No Smoking!), of leadership (cf. Bill Clinton) and, for some years now, of economic success. I can't wait until they arrive at old age. Death may get the boomers...
...thinking about such matters in contemplating the upcoming Memorial Day and its reminders of things military. And I have come to the conclusion that it's time to direct the old baby boom magic toward the problems of the armed services. Of course, the Army, Air Force, Navy and Marines have changed a great deal already under boomer influence - women, gays. The trouble is that the military, by the nature of its work and code (duty, honor, country, sacrifice) is not exactly in the boomer spirit of things. Vietnam long ago produced a profound split in the generation - the Elite...
...play your old PlayStation games--may be the most hotly anticipated entertainment device since the checkers board. Once Sony finally named a date (Oct. 26) and a price ($299) for its U.S. machine at E3 in Los Angeles last week, the attendant buzz grew louder than a billion boom boxes...
...Baywatch? Can't do it, because the world of information is inherently borderless. Do you want to pass a law to protect endangered species in your own country? A group of faceless bureaucrats in the WTO may declare it a barrier to trade. And all this is true in boom times like the present--think of how people will regard global capitalism during the next economic downturn...