Word: fallen
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...turnaround could go a long way toward helping Esprit maintain its frenetic pace. "Because growth rates have started to slow down, they need to get into bigger markets where their penetration is low," says Macquarie retail analyst Ramiz Chelat in Hong Kong. Hello, U.S.A. By 2002, sales had fallen to $150 million, from $700 million in 1987, according to Macquarie. Krogner got control of Esprit's American business when Ying bought the U.S. trademark in 2002. (The company is now publicly traded; Ying owned 15.8% as of the end of 2005.) As part of the acquisition, Krogner forced a shutdown...
...Planning snafus haven't helped. One plan after another - by the Urban Land Institute, the mayor's Bring New Orleans Back commission, even New Urbanist architect Andres Duany's efforts - has fallen by the wayside in what Kroloff calls "the longest-playing comedy of errors." No one, including Nagin, has been willing to say clearly which neighborhoods shouldn't be rebuilt, or can't be provided city services. "The mayor so far has not demonstrated a willingness to make anyone unhappy," says John McIlwain, a senior fellow who worked on the ULI plan. Kroloff, who headed the failed BNOB planning...
Winthrop House: 1. Inhabited by generations of Kennedys. Unfortunately, it too has fallen from Camelot...
...players downplay the rivalry, it was the fierce face-offs between John McEnroe and Jimmy Connors, and McEnroe and nerveless Swede Bjorn Borg, that drove the sport to its heights. Since 1992, the year Jimmy and Mac finally hung up their racquets, the number of Americans playing tennis has fallen 36%, to 11 million, according to the National Sporting Goods Association. Television ratings have trended downward...
...dealers - with the intent to improve residual values for our customers and stabilize operating patterns for our plants and our suppliers,"he says. Fields also says the new products such as the Ford Edge, due in the next few months, are designed to replace sport utility vehicles that have fallen into disfavor since the post-Katrina energy shock jolted the U.S. economy. In addition, Ford also has announced plans for a large pickup truck, aimed specifically at the commercial truck market, that's equipped with a new cleaner and more efficient diesel engine...