Word: mid-1980s
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Nike is no stranger to off years. Knight hobbled the company with a cockamamie expansion strategy in the mid-1980s, and sales skidded in 1994. "There's going to be a down cycle every four or five years," he says. "And our job is to recognize that and keep the downs as shallow...
...constitution (which was drafted in the mid-1980s) emphasized homogeneity, unity and uniformity," Phillips said. The new constitution encourages the "interaction among all members of the Harvard community...
...seemingly healthy man walked into a hospital clinic to give blood for a Western-backed study of blood diseases. He walked away and was never heard from again. Doctors analyzed his sample, froze it in a test tube and forgot about it. A quarter-century later, in the mid-1980s, researchers studying the growing AIDS epidemic took a second look at the blood and discovered that it contained HIV, the virus that causes AIDS...
...mid-1980s, The Crimson launched a capital campaign and began accumulating the much-needed funding...
...many in the industry, profits have melted under the costs of these incentives. They fell 24% in 1996--dropping 300% from the mid-1980s--and remained flat last year, pounded by a wave of delinquencies as consumers maxed out their debt. "The credit-card free-for-all has come back to haunt the industry," says Robert McKinley, president of RAM Research. To stanch the southern flow of profits, card issuers are seeking to edge up their income by retrenching on offers and charging penalties, new fees and higher rates...