Word: chairman
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Dates: during 1990-1999
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...awed by the President's popularity and fear a backlash at the polls. So last week Gingrich floated the idea of a special select committee to look into whether Starr's findings would warrant impeachment. That quickly gave way to the milder notion, favored by Judiciary Committee chairman Henry Hyde, to have a less formal group look at whatever Starr eventually sends...
...down 18%. Orders for spring are off too. Inventories ballooned as customers shunned boring products with high prices. And because Nike cranks out an entirely new product line every year, it has been powerless to stop the damage. "You are always six months away from disaster," says Nike's chairman and shoe-bah, Phil Knight. Nike's earnings projections have been dropping like so many Tiger Woods putts. Worse, the company's top shoe salesman, fella named Jordan, is threatening to retire to run his own little business...
Despite the pounding, Nike is still the force in athletics. Reebok chairman Paul Fireman has admitted as much to Wall Street analysts. Curiously, Fireman blamed Nike's ascension for the current malaise of the footwear category. "The way it came about was clearly the proliferation of a single brand," Fireman said at February's Super Show, the industry's big trade fair. As Nike pulled away over the past couple of years, retailers began to up their swoosh orders. At the urging of retailers (they hate having any one brand dominate), competitors began to ape Nike's look. Says Fireman...
...although by no means are they trouble free. Make no mistake: these are factories, not amusement parks, and even in developing Asia, where jobs are scarce and getting scarcer, this is not the employment of choice. It's low-tech assembly work that hasn't changed much since Nike chairman Phil Knight first started sourcing sneakers in Japan 35 years ago. Since then, the work has migrated in search of ever cheaper labor...
...personally, rather than from the White House, and that they were well aware of the distinction. It?s a denial that sticks within the letter, if not the spirit, of the law -- and leaves the Clinton administration somewhat open to the charge made by Orrin Hatch, Senate Judiciary Committee chairman, in Sunday?s New York Times. ?The White House,? Hatch wrote, ?appears as interested in the truth as O.J. Simpson is in finding Nicole Simpson?s killer...