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...renowned investors and entrepreneurs as John Doerr, the venture capitalist who helped midwife Amazon.com and Google, and Apple?s Steve Jobs, vied for a piece of the Segway pie and did their bit to hype the machine before its anticlimactic launch. Doerr told TIME that Segway would become the fastest company to hit $1 billion in sales. Steve Jobs ventured its impact would equal that of the PC. If Segway has sold only 23,500 machines to date, it's hard to see how it could even have made back the $100 million spent developing the device...
CHICAGO Calvin Klein black skinny jeans ($69)?worn by Kate Moss in the ad campaign?are the fastest mover at Macy's West...
Heinz Krogner, Chief Executive of clothing designer and retailer Esprit, is one of the world's great turnaround artists. A decade ago, Esprit was a declining casual-clothing business. But Krogner rebuilt Esprit into one of the fastest-growing apparel retailers. Sales in the past fiscal year, which ended in June, probably topped $3 billion, nearly triple its revenues in 2001. In those five years, Esprit's market value has increased eightfold, to more than $10 billion, roughly on a par with Limited Brands and almost twice the size of Abercrombie & Fitch...
...according to Ong, assets under management in Singapore are growing by 20% a year. Growth rates like that make it the fastest-growing private-banking market in the world, says Scott of BCG. And the world's largest financial institutions?among them HSBC, UBS and Citigroup?are expanding their Singapore presence. Credit Suisse, for example, currently employs roughly 500 private bankers in Singapore, more than any place outside Switzerland?and the bank has plans to hire 100 more this year. Bank Julius Baer, the venerable Swiss private bank, has similarly high expectations. "We're trying to position Singapore...
...Number of states where the immigrant population has grown since 2000. South Carolina had the fastest growth...