Word: ducati
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Luggage companies such as Tumi and Samsonite are responding to the new demand with flair. They're using innovation and color to turn formerly utilitarian pieces into style statements. Tumi's new Ducati line features eight different travel bags with racy black-and-red styling. Samsonite Black Label hired trendy industrial designer Marc Newson to create a lightweight, colorful line of luggage called Scope. He used EVA foam--once found only in sneakers--to create one of the lightest uprights on the market...
...motorcycle industry has just completed its 11th straight year of growth. Sales were up some 6% in the U.S., powered by what should be a record second half for hogmaker Harley-Davidson. In Europe, Italian manufacturer Ducati sold nearly 7,000 of its $10,000 bikes, a company record. At the other end of the price scale, sales of Hero Honda, India's biggest motorcycle maker, are up 15.3% this year. What's powering the growth? In the U.S., "baby boomers are attracted to the allure of Harley-Davidson," says Ed Aaron, an analyst at RBC Capital Markets...
...these guys? Outside the world of leveraged-buyout firms, few know the partners of Texas Pacific--and they like it that way. Even their website is blank. Yet their $10 billion portfolio has included such names as Bally shoes, Beringer wines, Del Monte foods, Ducati motorcycles, J. Crew clothes and Petco stores--as well as Continental Airlines and America West, on whose boards some partners still hold seats...
...could be headed for a nasty spill if it doesn't navigate this generational speed bump. Despite its powerful brand, Harley has failed to attract enough young riders, who prefer the speedy, more technically advanced machines from Asian powers like Honda and Yamaha and European rivals BMW and Ducati. While it still leads the pack when it comes to the heavyweight cruisers favored by Mom and Dad--they're cute on their big bikes, aren't they?--Harley is no longer the No. l seller in the U.S., having been overtaken by Honda last year...
...Championship Season, of a heart attack; in Scranton, Pennsylvania. The play is based on Miller's experiences on his high-school basketball team, but he is perhaps best remembered for his Oscar-nominated performance as Father Damien Karras in the classic 1973 horror film The Exorcist. DIED. BRUNO CAVALIERI DUCATI, 96, architect, author, and last surviving founder of the motorcycle company that bears his name; in Ispra, Italy. DIED. PERRY COMO,88, causal crooner whose career in show business spanned six decades; in Jupiter, Florida. (See Eulogy) DIED. R.K. NARAYAN, 94, prolific novelist and author of short stories that characterized...