Word: ebay
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Dates: during 2000-2009
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...visit to a London cancer center with Sarah Brown, wife of British Prime Minister Gordon Brown. The photos shot around the globe. The cardigan sold out on J. Crew's website by 10 a.m. E.T. the same day. Two days later, it was selling for $600 on eBay. The wait-list for the cardigan at J. Crew exceeds 200. "I feel like I'm getting a present every day," says Jenna Lyons, creative director for J. Crew. The company's stock is up 40% this year. (See pictures of Michelle Obama's Jason Wu dress...
...think there's any perfect solution, because the essence of a free-market economy is that people are allowed to make mistakes. And some of these bubbles have a good side. The Internet bubble of the 1990s brought us Amazon and eBay. They're still with us. Stabilizing the economy isn't the final goal. Having a little bit of turmoil, as long as it doesn't get out of hand, is part of creative destruction. You have a history of highlighting parts of the economy that have gotten out of hand before other people are paying attention. What...
...only a handful of major luxury companies had embraced environmental issues, and designers like Stella McCartney, who has always avoided leather even when It bags boosted the bottom line, were regarded as slightly off-kilter. Just three years later, McCartney's profits have increased 600%, companies as diverse as eBay, Tag Heuer and Ligne Roset are making huge strides in their sustainable designs and policies, and consumers are rejecting plastic for paper?or better yet, cloth?when they shop. With the environment top of mind nowadays, it's not such a stretch anymore to single out the Green Design...
...ukulele, with all three sharing vocal duties. The band’s origins are attributable in part to common dorm and in part to common interest. “It kind of came out of an online karaoke program and a six dollar keyboard from Ebay,” Paul says. “It was birthed out of Arts First.” Though the girls are set to play as the Rod Stewart Tribute Band, the three Canaday residents have adopted the band name Captain and Captain and Captain and Tennille based on the American pop music...
...voice providers that want to render the industry as they know it obsolete. The biggest threat to the old order is probably Skype Ltd. of Luxembourg, which has attracted more than 405 million customers since it launched software in 2003 that allows free long-distance calls over the Internet. eBay paid $2.6 billion for Skype four years ago because it believed the free voice operator would mesh well with its auction business. It didn't. Now eBay is spinning off Skype in an IPO, after taking a $1.4 billion write-down. Still, Skype is profitable and growing, and it rolled...