Word: italianity
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Given these dynamics, wouldn't this be the absolute worst time for a company to enter a business that combines two ailing industries: namely, the golf shoe business? Not so, says GEOX, the fast-growing Italian shoe company whose breathable, casual footwear have developed a loyal following around the globe. On Wednesday April 1st, GEOX announced that it's entering the golf game; the company is launching its first line of shoes for the weekend duffers. GEOX is betting that its "NET System Technology," which utilizes an actual net inside the shoe's sole to help keep a golfer...
...Italian shoemaker, however, could be the company that exceeds expectations. After all, it's been doing just that throughout its brief history. Polegato started the company in 1995, six years after an-hour long walk through the Reno, Nev., desert compelled him to take out a Swiss army knife and poke holes in the rubber soles. He wanted to know if the holes would increase the ventilation in his sweaty feet; turns out they did. Polegato was in Reno to promote his family's Northern Italian wineries, but upon returning to Italy he pursued a ventilation technology (no more Swiss...
...investment and should lose all their money, says one person familiar with the President's auto task force. Rattner also took the point in ousting GM chief Rick Wagoner over the weekend. Bloom, for his part, has taken day-to-day leadership in talks between Chrysler and Italian automaker Fiat. His union bona fides have made him the point man with the United Auto Workers union and its chief, Ron Gettelfinger. (See the 50 worst cars of all time...
...Some high-end foreign boutiques like Stella McCartney and Alexander McQueen, which opened in Moscow just a year ago, have also closed their doors. Italian jeans retailer Diesel recently shut all its shops in Russia. Still, if Russia's fashion industry has one thing to put its faith in, it is the Russian consumer's penchant for flair. "It's in the Russian character to be flashy. They'd never go for a simple style. They'd never spend lots of money to look like a street sweeper," says Ageyeva. "That will never change...
...grandmother was Nehru's only child, Indira Gandhi, whose two sons, in turn, left legacies at odds with each other. The older son Rajiv, succeeded his mother as prime minister shortly after she was assassinated in 1984. Rajiv was later murdered in a 1994 terrorist bombing and his Italian-born widow, Sonia, now leads the ruling Congress Party. Rajiv's younger brother, Sanjay, however, had been their mother Indira's favorite and had been viewed as her heir apparent until his sudden death in a plane crash in 1980. Sanjay's widow Maneka is now Sonia Gandhi's implacable enemy...