Word: levying
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Dates: during 1980-1989
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...table in the reception room. Lauren's personal office contains some of his favorite props: a wood-burning fireplace, a fleet of toy racing cars, family photographs and piles of fabric swatches. He often wears a studiedly scruffy uniform: a cotton work shirt, faded Levi's and well-worn cowboy boots. "This is who I am," he claims...
...work with an AIDS victim, the company let the objectors resign and kept the disease victim in | his post. Says Nancy L. Merritt, a BankAmerica vice president: "We recognize the therapeutic value of employees being allowed to work as long as they can." At the San Francisco headquarters of Levi Strauss, the blue jeans manufacturer, an AIDS victim who was allowed to stay on the job as a supervisor declares, "I do not get the feeling here that I'm a leper...
...name Levi has long been to jeans what Xerox is to copiers and Scotch to tape. After all, Levi Strauss invented denim jeans, and the San Francisco business he founded in 1853 created an industry. Even during the designer-jean < craze, no-nonsense Levi held on to its spot as the top jeans manufacturer. The company now controls about 24% of a $6 billion annual market...
Soon, however, Levi will be in a serious shoot-out for supremacy in jeans. Last week VF, the manufacturer of Lee jeans, which account for an estimated 14% of U.S. sales, announced a plan to merge with Blue Bell. Its Wrangler and Rustler brands hold some 10% of the market. The new company will thus command roughly the same market share as Levi...
...Italy, former Prime Minister Bettino Craxi, a Socialist, created a capitalist renaissance that appears likely to last. During the three-year rule of Craxi, whose government fell last month, the country's mood had changed. Says Arrigo Levi, one of the country's best-known journalists: "There is a new belief in market forces, in private enterprise, in the value of work itself, and that has been accompanied by a crumbling away of the idea that the state owes you a living...