Word: gucci
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Dates: during 1990-1999
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QUOTE OF NOTE: "It's wrong for someone to be driving around in a Land Rover, wearing Gucci shoes and saying, 'I'm an environmentalist because I went camping last night...
...want the striped bass," he'd say. "The fish they serve in this place haven't been in the water since the Great Flood. Waiter, bring him the rib roast. Well done. Just burn her up. And don't go sprinkling on any of those Gucci spices of yours. He wants an honest piece of meat. O.K., next order...
...making as influencing decision making." It's not the urge to hold power but the desire to nuzzle it--to whisper in the right ear or lead "the conversation" that the powerful attend to--that gives Washington its distinctive social landscape, where Arianna Huffingtons bloom along the edges of Gucci Gulch...
Profits at Tiffany jumped 34%, to a record $39 million in 1995, even as mass merchants such as Caldor and Jamesway were trooping into bankruptcy court and closing hundreds of stores. Gucci, the once-moribund designer and retailer of fashion apparel, has come roaring back under Bahrain-based Investcorp, which said just last week that it plans to sell its remaining 51% stake in Gucci to the public for some $1.1 billion this year. Investcorp will also sell shares in its resurgent Saks Fifth Avenue chain this year, six years after buying the once-flagging operation...
...while Payless ShoeSource closes or relocates some 10% of its 4,500 discount stores, Gucci can't keep enough of its $295 high-heel pumps in stock. Nor has business slowed at Geary's Beverly Hills in that California city, where tableware goes for $1,000 a setting. Geary's wrapped up its best fall/Christmas season ever last year. Crows president Bruce Meyer: "Our customers want something to separate them from the crowd...