Word: brandings
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...company, which is owned by the Prada Group. The move ended a feud with Prada CEO Patrizio Bertelli over how to reverse losses at Lang's line. In the mid-'90s, Lang's sales were as high as $100 million. When he sold a 51% stake in his namesake brand in 1999, Lang touted Bertelli as a guy who "understands the culture of a high-end product," and said, "His line is very, very well managed." Bertelli, who later purchased the remaining 49% of the brand, was just as excited about the combination. His big plans for the Lang line...
Some houses, however, still view Paris' biannual extravaganzas as a valuable way to build a brand's prestige and in turn boost its real cash cows--perfume and accessories. "For now we do think we want couture," says Leon Falic, 34, of the plans he and his brothers have for the Lacroix brand. "We see the house at the same level but expanded--more stores, more advertising--and product categories like handbags should be expanded...
...billions. Another argument from deal enthusiasts: the merger will give the firms greater bargaining clout with big retail chains. "This is a response to the Wal-Martization of America," says Joseph Altobello, an analyst at CIBC World Markets. A similar case is made regarding advertising purchases--that together the brand-swollen behemoth will be able to wring more favorable terms for ads. Yet P&G and Gillette were megafirms separately. How much more leverage can they truly gain...
...collide with it at Takamatsu. Complications ensue, as do very realistic wet dreams involving both the librarian and the hairdresser. But are they dreams? And did he really kill his father? Typically, Murakami leaves strands untied, though a shaken but wiser Kafka returns home to be "part of a brand-new world...
When Summers suggested at a Jan. 14 conference that innate differences between the genders might help explain why fewer women succeed in math and science, he intended to provoke an intellectual debate among a small group of academics. But because of that world-renowned brand name, Summers wound up drawing international attention to Harvard's own shortage of female professors, bolstering a perception that the school isn't welcoming to women and minority academics, and enraging many faculty members, students and alumni of both genders. "It's not appropriate for the man who holds in his hands the future...