Word: fatedness
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The company's ill-fated $400 million purchase of women's apparel shop J. Jill in 2006 burdened its debt load. "What's hurting them more than anything is that they've got lots of debt on their balance sheet," says Betty Chen, a retail analyst at Wedbush Morgan Securities...
Great things happened in 1970s America. We celebrated our Bicentennial, birthed both “Jaws” and “Star Wars,” and impeached a president. By the end of the decade, we were also home to around 15,000 discothèques. Disco was...
Now Google needs to focus on its core businesses like search, mail and Web-based applications, instead of pouring endless resources into experimental projects that never turn a profit (such as its ill-fated virtual world Lively, which will close at the end of month). "If they could fix their...
I've known Oscar Muoz, the lead singer, for a long time. In 1999, in the middle of a short and ill-fated career as a saxophone player, I was one of a wave of American musicians who made the pilgrimage to Havana. I was a worse player than...
In the last few years, super-simple LA-based American Apparel has ingrained itself in hipster culture on both coasts while simultaneously expanding to become the USA’s largest clothing manufacturer, with hundreds of retail locations all over the world. The philosophy behind its fashion falls somewhere between...