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...never convince Monti without first winning over Gonzalez-Diaz. The principals came to a rough division of labor: Rolls-Royce stressed the dangers of allowing GE to "bundle" engines and avionics in packages that other firms couldn't match, and United Technologies concentrated on GE's role as a buyer of planes through GE Capital Aviation Services, its finance and leasing subsidiary. GECAS, it was argued, would insist that those from whom it bought aircraft should buy both GE engines and Honeywell avionics, hence reducing consumer choice and stifling technological innovation...

Author: /time Magazine | Title: How Jack Fell Down | 7/16/2001 | See Source »

...with no message. The result: "Obey" signs in cities almost everywhere, including Tokyo and Hong Kong. Now, this global in-joke is becoming a lot less subversive and probably more ubiquitous: Fairey has launched an Obey clothing line and there's plenty of Andre the Giant merchandise out there. Buyer?Obey...

Author: /time Magazine | Title: Starting Time | 7/9/2001 | See Source »

...junior buyer at Foley's Department Stores in Houston in 1968, Wachner would spend her downtime patrolling the streets to spot trends. Early in her career, she revolutionized the lingerie business by merchandising bras on racks rather than hiding them in boxes. In the 15 years since she won Warnaco in a hostile buyout, Wachner has used that aggressive style to remake the dowdy $600 million manufacturer of women's undergarments into a $2.5 billion apparel powerhouse, owner of a stylish collection of brand licenses that includes Calvin Klein, Speedo and Chaps by Ralph Lauren. All that hard work helped...

Author: /time Magazine | Title: Linda Wachner: Washed Up At Warnaco? | 6/25/2001 | See Source »

...corps waited for the trial to begin, Klein tried to recapture his license, claiming that Wachner was destroying his jeans brand, skimping on quality and flooding the discount bins at merchandise clubs. Of course, Klein didn't seem to have any such complaints until he had trouble finding a buyer--including negotiating with Warnaco--for his suddenly unfashionable company. Warnaco, in its view, was simply responding to market forces, as more consumers continued to bypass department stores and their not-so-exclusive brands. Warehouse clubs are the only thriving retail sector, with an increasingly upscale clientele that's hard...

Author: /time Magazine | Title: Linda Wachner: Washed Up At Warnaco? | 6/25/2001 | See Source »

Before Rudenstine’s arrival, the University bid for 52 acres in Allston under a different name. The actual deal went through under his tenure, and when word leaked out that the buyer was Harvard, town-gown relations, already tenuous, spiraled downward. Rudenstine, in retrospect, readily admits his mistake...

Author: By Catherine E. Shoichet, CRIMSON STAFF WRITER | Title: The Last Word on Neil Rudenstine | 6/7/2001 | See Source »

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