Word: high-end
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...those were the days of the $10 ticket, when professional sports was a very different business. Today, sports economics are inextricably tied to the fate of deep-pocketed corporations. Many sports facilities have been upgraded and located within gentrified business districts, and teams cater to high-end clientele through luxury suites, driving up prices for all fans. As workers see their savings erode, they will probably be less willing to pay stratospheric ticket prices, which fund the cartoonish salaries of sports stars. Likewise, companies that dish out millions for sponsorships won't be able to justify sports-marketing expenditures...
Amano, established in Utah by another software developer, recently teamed up with four other start-ups to launch an artisanal association--the Craft Chocolate Makers of America--for small high-end "bean to bar" producers that do everything from roasting raw cacao beans to packaging pristine bars. Meanwhile, another newbie, Chuao, is cranking out little pods of chocolate with crazy flavor combinations like its aptly named Firecracker, whose chipotle, salt and popping candy send tiny bursts of electricity through your tongue...
...help take high-end chocolate national, Hershey's bought organic chocolatier Dagoba as well as top-shelf artisans Scharffen Berger and Joseph Schmidt. Mars is trying to keep pace, launching deluxe Dove bars and premium M&Ms in flavors like raspberry almond for $4 a bag. Supermarket shoppers can now select their sweets on the basis of preferred percentage of cacao (the mod way to refer to cocoa content): from Hershey's Cacao Reserve (35%) to its Scharffen Berger Extra Dark...
...their race to broaden the high-end market, the giants are competing with tech-savvy upstarts like Tcho and Amano. Founded by former nasa software developer Timothy Childs, Tcho brews limited-edition "beta" bars superb enough to extract $5 for a few bites. Childs classifies batches with wine descriptors like fruity, nutty and floral...
...familiar fairy tale: small town girl gets big gig - and the clothing to go with it. We see it in Hollywood and in the fashion and magazine publishing businesses all the time. But Sarah Palin's recent run-in with designer merch at high-end emporiums like Neiman Marcus and Saks Fifth Avenue to the tune of about $150,000 is unacceptable simply because she has spent so much time campaigning against elitist attitudes. And now here she is, crossing the tarmac in a pair of Cole Haan boots, showing up at Ground Zero in what definitely looks like...