Word: fashional
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Dates: during 1980-1989
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...campus are buying rock records and going to concerts seeking a genuine emotional experience when what they are really receiving is one that's once removed. Rock 'n roll these days is similar to the concept behind stonewashed jeans (the most trite and absurd and tacky of recent fashion statements). It's a way for people to buy a look of wear and tear, to look like they've been places, to appear raw and experienced when in fact they're living sheltered easy lives that afford them the capital to buy a life they'll never know except through...
...fight for RJR Nabisco, that seems to have happened in spectacular fashion. No matter how the battle turns out, the unseemly scramble for riches has, for the moment at least, given overreaching a bad name. In the end, the RJR brouhaha may turn out to be a useful testing of the limits: of greed, of debt, of dealmaking. The resulting outcry may prove an effective regulating device. "In its own way, the deal has been typically American, where nothing is in moderation, including the enormous selfishness of management," notes James Bere, chairman of Borg-Warner. "It's touched a nerve...
Some 1,200 miles to the southeast, in the Armenian Republic, the upheaval set in motion by the Sumgait riots was still under way, though in muffled fashion. Since February, Armenians have been in near open revolt over Moscow's refusal to transfer to Armenian control the mountain enclave of Nagorno- Karabakh (pop. about 160,000), where an Armenian majority has lived under Azerbaijani rule for nearly 70 years. Demonstrations first erupted when news began trickling back into Yerevan, the Armenian capital, that Armenians in Nagorno-Karabakh were being beaten, raped and killed by Azerbaijanis, people who are ethnically related...
Private labels have helped department stores create a more distinctive identity. Says Ellin Saltzman, fashion director for Saks Fifth Avenue: "It grew out of a need for individuality among stores. For years we have all been selling the same designers in the same malls to the same customers." Moreover, designer goods have become prone to discounting wars. Says Marshall Beere, director of women's-apparel merchandising for J.C. Penney: "If the competition runs a sale, you have to respond. With your own labels, you don't have to do that...
...department stores, developing private-label garments has its risks. If poorly executed, they can fail just as severely as the most misguided high- fashion trend. But by gaining control over design and manufacturing, department-store merchants think they can stay in closer touch with the tastes of their customers. Case in point: when working women turned up their noses last year at the miniskirts offered by designers, many retailers rushed to offer house brands with hemlines more suited to the office environment. As such thread-to-thread competition intensifies, consumers are likely to be the real winners -- even if their...