Word: inces
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Dates: during 1950-1959
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CHARLES REVSON, president of Revlon, Inc., stepped briefly into the public eye as he appeared before the congressional subcommittee investigating the rigged TV shows, which included two that he sponsored. While Charlie Revson is little known to TV viewers, he is recognized in his own circle as a man who makes Madison Avenue tremble and his competitors writhe with fury. See BUSINESS, The Unflabbergasted Genius...
Since 1943, the New York Couture Group Inc., a promotion outfit for 36 top U.S. women's wear manufacturers, has operated under a system of releasing the news of women's fashions to the entire press at the same time-a procedure that protects out-of-town newspapers against premature release of fashion stories by papers in New York, where the big fashion shows are held. Every summer the group conducts a "press week," with showings of the next fall and winter fashions; again, in the winter, the styles for the following spring and summer are trotted...
...least some businessmen began to realize that sponsors had their share of the responsibility for the scandal. In a speech to the Sales Executives Club in Manhattan, Philip Cortney, president of Coty, Inc., took a roundhouse swing at his archrival, Revlon (sponsors of The $64,000 Question, co-sponsors of The $64,000 Challenge). Businessmen who profited from rigged shows, said Cortney, should be called to account by congressional committees. Their "illgotten gains" should be donated to charity as "conscience money." Businessmen, Cortney concluded, ought to keep their hands off entertainment...
Brunswick-Balke Collender Co. reported a record September quarter net of $5.15 per share, boosting nine months' earnings to $755 a share v. $4.73 last year. Motorola Inc. had record nine months' earnings of $4.90 per share v. $1.66 last year. Other nine months' results...
...William A. Blount, 61, executive vice president of Liggett & Myers Tobacco Co., Inc., was appointed president succeeding Benjamin F. Few, who is retiring under a mandatory retirement plan. Varsity center on the 1919 University of North Carolina football team, Blount joined Liggett & Myers in 1923, became superintendent of the Durham factory in 1925, a vice president in 1943. ¶ Hugh William Close Jr., 39, son-in-law and assistant to the late Elliott White Springs (TIME, Oct. 26), was elected president of the Springs Cotton Mills (1958 net sales: approximately $165 million). Close joined Springs Mills, Inc. as a sample...