Word: gap
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...right candidates as well as the right creatives to match with them. "A CEO who says, 'Get to the point' or looks at his watch is not necessarily going to be a good leader for creative people," says Maxine Martens, who runs Martens & Heads!, which numbers LVMH, the Gap and Escada among its clients. Martens also notes that while most CEOs are top dogs in the company structure, a fashion CEO "must be willing to be the second smartest person in the room, in order to listen better and figure out what creatives need. He or she must be able...
...upper echelons of corporate America, it's absolutely true that he's still in charge. But I think increasingly, at the middle levels in business, the female is dominant. So at a company like the Gap, 80% of the managers are female. And that is, in fact, the way things are going to flow. The world of 2025 is going to be a female-dominated economy...
Adidas, Nike, Champion, Russell and Reebok have long bridged the gap between competitive sports and casual activewear. But increasingly, consumers want both function and fashion from their sportswear. Clothes need to do something?stretch, fight odor, wick moisture, regulate temperature?and look good as well. "We always saw athletic wear and style as mutually exclusive," says Julee Bean of Adidas. "And they don't need to be. You can wear our product in the gym but also wear it to get a latte and still look...
...revolution," says Karine Ohana, a managing partner of Ohana & Co., a Paris-based mergers and acquisitions firm that works with many European cosmetics companies. "There is a gap in what is being offered?there is high-end or mass?and now the big beauty companies see this masstige niche for brands that are innovative but not expensive. We are about to see deep modifications in the pharmacy market...
Michael Bidwill, 41, makes the case that the stadium is the shiny manifestation of a new business model that will narrow the gap on the field and on P&L. Seated in one of the generously cushioned, red club seats on the day before the stadium's grand opening on Aug. 12, he says the extra revenue that Cardinals Stadium will generate each year is already helping the team attract and keep top talent. That includes former Indiana Colts running back Edgerrin James, 28, who just signed a four-year, $30 million contract, as well as breakout stars like wide...