Word: du
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Dates: during 1960-1969
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Regal Candor. Fortunately for Hassan, neither of the nation's two major leftist opposition groups has yet taken overt advantage of the riots. The Union Marocaine du Travail, Morocco's socialist, urban-intellectual labor union, staged an 18-hour sympathy strike for the rioters. But discipline was poor-largely because the U.M.T. did not know what the riots were all about. And the Union Nationale des Forces Populaires, which holds nearly a fifth of the seats in the National Assembly, was equally befuddled. Had the two combined forces, Hassan might have been in real trouble...
Most important, the development of leather substitutes has shaken up the hidebound industry, opening new prospects in automation and styling. Though Du Pont's new synthetic, Corfam, has conquered less than 1% of the market so far. 79 major shoemakers are using it and Du Pont is struggling to keep up with demand. The company predicts that out of a total of 650 million shoes sold this year, up to 7,000,000 will be made of Corfam, hopes that the synthetic will stimulate U.S. shoe sales much as nylon increased U.S. clothing sales...
...Du Pont cut some Corfam prices two weeks ago by 10% to 15%-or about 150 to 300 for each pair of shoes-and will cut further as production rises. Corfam shoes now sell for just about the same price as comparable leather shoes. Several of Du Pont's archcompetitors are trying to crack the Corfam formula. Secretly and intently Union Carbide, B.F. Goodrich, US Rubber and other companies are developing their own synthetics for the changing shoe industry...
Quick to Rise. Last year 50 firms interviewed students at INSEAD, and at least that many are expected this year, including such companies as IBM, Shell, Nestle, Air France, Du Pont, Phillips and Texas Instruments. Of INSEAD's 400 graduates, 60% have achieved managerial positions within two years. Some 80% of the graduates land in international companies. INSEAD's Giscard believes that "in less than ten years 600 or 700 of the largest international companies will achieve more than two-thirds of all world production." When that time arrives, INSEAD hopes, the men on the top will include...
Died. Lieut. General Sir Frederick A. M. Browning, 68, dashing British war hero and husband of Novelist Daphne du Maurier, who in World War II organized the crack Red Devils paratroop division, then led them in their valiant but disastrous attempt to seize and hold the Arnhem bridgehead in 1944, after the war served as the royal household's controller and treasurer until his retirement in 1959; of a heart attack; in Cornwall, England...