Word: embarkment
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Lauren delegates most of his company's day-to-day financial oversight to his only co-owner, Polo President Peter Strom, 57, who holds 10% of the stock. When Lauren wants to embark on a new venture, it is Strom's job to calculate what prices they would need to charge and how many items they would have to sell to break even. The huge profits from certain staple items, such as Polo shirts (see box), give Lauren the freedom to expand into riskier products. Example: at any given time Lauren may offer 60 styles of sweaters in his collections...
This month Sea Cliff will embark on a mission for the U.S. Geological Survey in the Gorda Ridge off the coast of California and Oregon. Descending to 13,000 ft., it will enable scientists to get a close-up look at nodules of manganese and other metals that build up near geologically active breaks in the earth's crust. In the future, even more versatile undersea craft will be used to mine these minerals and bring them to the surface...
...fellow military officers overthrew Emperor Haile Selassie. Muller had reason to hope he might be an exception. Eighteen years earlier, he and his wife Maggie McComas, now an associate editor at FORTUNE, had gone to Ethiopia to teach school as Peace Corps volunteers. Just as Muller was about to embark, word was passed along from Addis Ababa that the interview was on. He quickly rearranged his plans...
That law required the University to embark on a three-year transition plan that would bring it into compliance. Following the government order, each building was surveyed by a specially appointed planning committee. Surveyors examined each building with architectural plans in hand, accompanied by a student in a wheelchair...
...late 19th century, final clubs at Harvard were the all-male preserves of seniors only. Students would embark on their social careers in sophomore clubs like the Hasty Pudding, Pi ETA, or Institute of 1770, and then join waiting clubs as juniors. Only a few select seniors would eventually join final clubs...