Word: farahe
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...losing market share. The analysts see Ralph Lauren and Polo as mature brands, incapable of the growth Wall Street had got used to in the late 1990s. They complain that Lauren, the CEO, won't communicate directly with them, leaving that to the company's financial officers. Roger Farah, Polo Ralph Lauren's president, responds that Lauren's time is better spent working in the design studio...
...will get his own accessories plant too. All this activity in the name of corporate control, and MADE IN ITALY on the label. Polo doesn't own a factory, doesn't make a single shirt or dress itself. "Owning a factory is a two-edged sword," says CEO Farah. "It works great on the way up. No one yet understands how it works on the way down." In other words, although Farah says Polo Ralph Lauren plans to move some of its production from Asia to independent European factories, why take the risk of hiring lots of workers...
...Thirty-five years of business in the States taught us what we want to do and what we don't want to do," says Farah, who will oversee the retail operations in Europe. "What we want to do is establish the high end of our business first." Lauren too thinks his experience in the U.S. can help him in Europe. "I started out in America piece by piece. Now I'm coming with all the equipment," he says. But not always waving the American flag. "All the stores are international now. Someone who is 12 years old doesn't know...
...coursework Farah N. Stockman ’96 did to earn her African studies certificate directly influenced her career. After graduation, she taught children in Kenya and then went on report on the Rwandan genocide as a journalist...
...most chilling detail of the 1983 Marine barracks bombing in Beirut is that in his last seconds the suicide bomber was smiling. Bassamat al-farah, it is called. The smile of joy. Suicide bombers are taught that they are guaranteed immediate admission to paradise, where 72 black-eyed virgins await their pleasure...