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Failing Fortunes. That saga is the true story of Genesco Inc., the footwear, apparel and retail giant that W. Maxey Jarman built in Nashville, Tenn. In 1969 Jarman, then 65, turned over the chairmanship to his brash, M.I.T.-educated son Franklin, but retained a firm grip on the corporate purse strings by remaining head of the finance committee. To many, Frank Jarman's ascendancy amounted to rank nepotism-a suspicion that seemed justified when, in 1972, Genesco sales began a steady decline. In 1973 Genesco reported a $52.9 million loss, the first in its history; two years later there...

Author: /time Magazine | Title: EXECUTIVES: Profitable Oedipus | 7/5/1976 | See Source »

Vergennes's undercover agent, Beaumarchais, 44, is the brash son of a watchmaker. By charm and ability, he worked hi way into the salons of French aristocracy, and he won Vergennes's confidence in two previous secret missions to London. He first bought up and destroyed the alleged memoirs of Madame du Barry, mistress to the late King Louis XV. He returned to London last year to negotiate for the return of some incriminating documents about a proposed French invasion of England. One of Louis XV's secret agents, the Chevalier...

Author: /time Magazine | Title: DIPLOMACY: Figaro in Disguise | 7/4/1976 | See Source »

...filmed, is just a slick version of 1930s tears-and-tinsel show biz sagas around which production numbers were draped like rented furs. The only enterprising recent musicals have been the work of Bob Fosse; the movie Cabaret and, on Broadway, Chicago abound in the same spunk and brash vi tality eulogized in That's Entertainment. Fosse is a brilliantly low-down spirit, an innovator, but he too has forsaken movie musicals for more serious undertakings, like Lenny...

Author: /time Magazine | Title: The Theater: Musical Stages | 6/7/1976 | See Source »

...role of Spillars' lover Clifford Bradshaw (Jerry Bisantz) is a difficult one--Bradshaw must appear a naive, brash American without becoming just another obnoxious tourist. While Bisantz has a pure, clear voice, his acting relies too heavily on certain set poses--gazing innocently at his interlocutors, for instance, and then shaking his head and repeating their remarks to himself with unconvincing amazement...

Author: By Julia M. Klein, | Title: Divine Decadence and Dollars | 5/13/1976 | See Source »

...coming together again, perhaps because none of them are any longer owned by members of the founding family. In 1964 the Paris operation was sold to two Americans living in Britain; they in turn sold out in 1972 for $12.8 million to a syndicate headed by Robert Hocq, a brash French industrialist. In 1974 Hocq organized another group to buy the London house. And in January still another European syndicate purchased the U.S. operation for $9.5 million from Kenton Corp., a holding company that had owned the New York store since 1968. This month the deal was finally sealed when...

Author: /time Magazine | Title: Business: Nonfamily Reunion | 3/22/1976 | See Source »

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