Word: linings
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Harvard has entered into a deal with Wearwolf Group to produce Harvard Yard menswear, a line of preppy, plaid-heavy shirts, pants, shorts and jackets that wouldn't look out of place in a Rhode Island Ralph Lauren outlet but might look a bit much on campus in 2009. Field & Stream magazine, meanwhile, has partnered with the Otto Group, an enormous German mail-order and e-commerce company, to create Field & Stream-brand clothes. "Wear Your Passion," Field & Stream's website commands. It contends you can wear its khakis, jackets and shirts everywhere - field, stream or office. (See the Fashion...
...Harvard line caused quite considerable head-scratching in fashion and academic circles when it was announced in August. Naturally, there was snickering on Yale student websites, but that subsided after Harvard asserted that the money was going to fund scholarships for low-income students. What better reason to monetize its élite status than to admit students from outside the élite...
...imposed frugality in Roxboro goes directly to Brad Rogers' bottom line. He and his wife Betty opened a popular Golden Corral franchise just south of unemployment services on Durham Road in 1999. Everyone from the town's low-skilled workers to the city elders goes there, drawn by the $9.99 all-you-can-eat buffet and the slogan "Help Yourself to Happiness." This year the Whitfields, the Waldrons and many others aren't: sales are down 2.5% this year, and it would be worse, says Rogers, if he hadn't launched a big coupon push. But that's eaten into...
...previous downturns were not as severe as this one. Decreased spending at places like Golden Corral has gone straight to the county budget's bottom line. This year's sales-tax revenues are projected to drop 10% from last year. Overall revenue is expected to fall 9%, or $5,528,022. Capital projects have been hit. The county had planned to renovate the courthouse, an elegant 1930 brick building that sits in a square off Main Street and has a workmanlike modern extension off the back. At a meeting in May, the county council decided to delay the project...
...exasperated Sauer declared in the complaint that he repeatedly tried to draw the line. "There needs to be a clear understanding, acknowledgment, and willingness to correct the financial deficiencies built into this thing by the business development people," he wrote in one e-mail to top executives, according to the court document. "You are going to have to go into the margin - either commit to spending the money, or pull the plug on this now before ArmorGroup looks more stupid than a box of rocks." (See pictures of British soldiers in Afghanistan...