Word: knitwear
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...serious is the U.S.-China trade spat? With a U.S. election looming and the American economy making a tentative recovery, it could turn much worse?more for political than economic reasons. Last week, after Washington announced plans to slap quotas on imports of Chinese bras, nightgowns and knitwear, Beijing was quick to fire back. It postponed a delegation that was going to the U.S. to buy commodities, and the U.S. ambassador in Beijing was twice summoned for official chidings. An editorial in the China Daily derided "the cheap political points the Bush Administration scored by touting trade protectionism...
...built its wealth on the colorful knitwear of the retail chain bearing its name, but this PONZANO, ITALY, family is now widely diversified in catering, sporting goods and toll roads...
...Italy; they currently rank among Europe's wealthiest families. Color was the key to their success. Luciano, 67, the eldest, has said he couldn't bear to see young women in the 1960s dressing like their mothers and young men still decked out in gray. The bright, cheerful knitwear they produced was a hit in Italy, and soon they were exporting around the world, their products increasingly accompanied by provocative ad campaigns...
...remaining an independent, family-run company; had she sold out there might now be Rykiel stores in all the major capitals. But going it alone suits the woman who opened her first shop to indulge a hobby. Now, she's known around the world for her exceptional knitwear and detailing. Rykiel uses stripes, rhinestones, even velour, to create her style. While never intending to make such a mark, she's thrilled to be still in business - and influential - today. "I'm more enthusiastic now because I know what I'm doing," she says. "I know what kind of woman...
Suburban New Yorkers Sherwood and Hyaline Greenberg enjoyed spending winter months in Longboat Key, Fla., for several years. So when it came time for Sherwood to retire from his imported-knitwear business, he and his wife could logically have settled in Florida. But they wouldn't hear of it. Instead, they sold their house on Long Island and moved just 20 miles away to an apartment in Manhattan. There, instead of the warmth and tranquillity of the South, they enjoy the culture and vibrancy of the city--and, above all, the proximity of their two daughters and four grandchildren...