Word: clothiers
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...their share of flops. They bought several confectionary businesses, including part of Kraft Foods' candy division for which they paid $200 million in 1995. The candy investment was bankrupt by 1999 because they failed to anticipate a flood of cheap competing products from Mexico. Their attempt to turn catalog clothier J. Crew into a bricks-and-mortar retailer resulted in an identity crisis that has alienated loyal customers...
Injecting some testosterone into his Retail Brand Alliance holding company (which includes such women's chains as Casual Corner and Petite Sophisticate), del Vecchio bought the venerable if fraying male clothier Brooks Brothers. After years of working for the eyewear conglomerate Luxottica, founded by his father, del Vecchio, 44, is asserting his own style...
Riding the rear view's newfound popularity, Frankie B.--a Los Angeles clothier that specializes in the super-low cut and caters to such well-known bottoms as Reid's and Jennifer Lopez's--has seen its sales hit $1.5 million since launching in 1999. The company's next celebrity customer could be internationally acclaimed U.S. soul singer Nikka Costa. Her domestic debut album doesn't hit stores until May 22, but the CD's bottom-baring cover photo, above, already has people talking. "If you want to talk about my ass, go right ahead!" Costa says, cheekily...
...Italian clothier Benetton's most recent advertising campaign, "We, On Death Row," features portraits of and interviews with death-row inmates...
...three new sites, iCanBuy.com DoughNET.com and RocketCash.com partner with online merchants--such as cdnow, Fogdog Sports and teen clothier Delia's--that are popular with young people. First, parents register, provide credit-card information and indicate how much their children can spend; then the kids get to shop...