Word: crates
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Dates: during 2000-2009
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Lakhani turned up at the Wyndham hotel in Elizabeth, N.J., last Tuesday to meet with his supposed buyer and remove the first Igla-S (the same replica) from its packing crate. The FBI was waiting for him. But before making the arrest, they recorded a lengthy conversation in which he allegedly incriminated himself in the bulk missile purchase. When agents finally burst in, Lakhani was so stunned that he stood frozen in the middle of the room...
...heirs are better educated and more international in their outlook than their parents were, and they are leading their firms in new directions. The Barillas of Italy have built a pasta plant in Ames, Iowa, and recently bought a German bread company. The Ottos of Germany (Eddie Bauer, Crate & Barrel) are investing heavily in e-commerce. France's Lagardere family is becoming an international media heavyweight...
...Ottos' mammoth catalog and Internet retailing operation traces its lineage back to a postwar shoe factory in HAMBURG. Today the family also owns the majority of furniture seller Crate & Barrel...
Michael Otto, 59, has aggressively pushed to countries beyond Germany, including the U.S., where he has a majority stake in Crate & Barrel. (The family separately owns the Spiegel catalog group, which includes Spiegel, Eddie Bauer and Newport News, an online women's-clothing retailer.) Otto has also invested heavily in technology, including e-commerce, to improve efficiency, cut costs and reach out to customers. Last year the company turned a profit for the first time on its online sales, which reached $1.9 billion. Otto boasts that it's the second largest Internet retailer after Amazon.com The advantages of running...
...last notable modern building to be erected in the Square was the Design Research (now Crate and Barrel) building on Brattle Street, which succeeds because it creates a light space from heavy materials (the new building at 90 Mt. Auburn St. creates light space from light material). Because of full-height clear glass walls, the cantilevered concrete floor slabs of the Design Research building appear to float, almost hanging in mid air. Designed by Benjamin Thompson (known for pioneering the concept of adaptive reuse with such projects as Fanueil Hall in Boston and South Street Seaport in New York...