Word: creamed
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...Marcus president and CEO Karen Katz points out, "The last time there was an election, it threw us all into a tizzy." Even with a recently lackluster market, people still seem to be willing to pamper themselves with premium products and services--whether that means buying a $290 face cream in New York City or a $9,000 LCD TV in Tokyo. Luxury now enters every room in the house: LauraStar, a global ironing-supply company, sells an ironing system for $999, above. The better to smooth out those proverbial wrinkles in the bank statement. --Kate Betts
...July, Polet, 49, became CEO of Gucci Group, the world's third largest luxury conglomerate. He comes from an unlikely place--Unilever, where he was head of the frozen food and ice cream division--and has a tough mandate: sail Gucci, fix Yves Saint Laurent (where losses widened to $135 million in 2003) and mesh both of them with half a dozen younger businesses into a profitable whole. Here Polet talks with Sarah Raper Larenaudie about barnstorming Gucci facilities to meet and greet--and reassure...
...DOES AN EXECUTIVE RUNNING THE WORLD'S LARGEST ICE CREAM BUSINESS LAND AT GUCCI...
...WEIRD TO GO FROM SELLING ICE CREAM TO SELLING BAGS...
...didn't sell ice cream. I sold concepts. I sold worlds in which people consume ice cream, but I didn't sell a piece of vanilla with a chocolate topping on a stick...