Word: marketeers
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Dates: during 1990-1999
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...that could be retained from mine to showroom. Says Willy Nagel, a top De Beers broker in London: "The certification of diamonds is not foolproof. Smuggling is so widespread and so difficult to combat that one way or another, the UNITA diamonds are going to get on the market...
...lieutenants say account for more than 90% of all Internet commerce in Japan. As the world's second largest economy has caught on to the power of the Net in the past year, Softbank's stock, which is traded on the Tokyo exchange, has soared. The company's market capitalization is a stunning $79 billion, which puts it ahead of Sony. Softbank has also landed in Europe, establishing joint ventures with Vivendi in France and News Corp. in Britain. Rupert Murdoch is one of Son's growing legion of high-flying fans...
...sandals, kicking off Hard Candy and a craze for pastel lacquers. The upstarts keep coming--makeup-artist lines such as Laura Mercier and Stila; New Agey innovators such as Philosophy and Tony & Tina--almost faster than stores can stock them. Together they capture a relatively small share of the market, but their quirky products and hip attitude influence everyone. Concedes Leonard (son of Estee) Lauder: "No one wants her mother's makeup...
...counter, having to get someone's attention," says Charla Krupp, an editor at Glamour magazine. Today's consumers prefer to grab a lipstick at Victoria's Secret or a boutique store, or to shop online. Nearly 25 new cosmetics websites have been launched this fall. Even the mass-market retailers are taking their cue from the indies. Sears has just introduced T.i.m.e. (The Instant Makeup Expert), a $20 color-coordinated kit; and Target is relying on Sonia Kashuk, Cindy Crawford's makeup artist, for cachet. At the other end of the market, Terry de Gunzburg, a French makeup artist, offers...
...Many individuals didn't participate in the stock market's rise, preferring the income streams of CDs," the report predicted of the '90s. That's what you call missing the dominant trend of our time. Half of all Americans came to own stocks in the '90s, an all-time high. Here's another gem: "The explosive coming of age of Japanese consumers, central European producers and Latin American governments lowered U.S. successes to second-tier status," the report reads. Well, whiff again. That scenario may develop in the next 10 years, but it doesn't come close to describing...