Word: moneys
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Dates: during 1970-1979
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Without their perfumes, many of the top French fashion names would simply disappear. Robert Ricci, head of the Nina Ricci firm, openly concedes that his firm could not exist without its worldwide perfume sales. Says he: "It is very difficult to make money out of clothes, and impossible out of haute couture. "High sales volume cannot be achieved with clothes, since no one style can ever have really broad appeal. Perfumes, by contrast, are bought everywhere, in all seasons and by all kinds of people, from secretaries to socialites. L'Air du Temps and other fragrances account...
...complains that the assertive American-type perfumes should "only appeal to jet-setters who want to shock." Lanvin's marketing director, Jean-Louis Delpuech, scoffs that U.S. perfume makers have tended "to go 'down market' to a type of woman who demands more smell for her money." But others are more philosophical about the demand for perfumes with staying power. Robert Young, president of Yves Saint Laurent perfumes, traces the taste for strong fragrances to the same craving for identity that makes people want designer names on their clothes. Says he: "The French were wrong when they...
...familiar decay. The muscle is almost all in the country's robust foreign receipts. Despite the aid and trade boycott mounted against Egypt by other Arab nations after the peace treaty signing, Cairo can easily meet its foreign exchange needs. The largest source of funds is the money sent home by Egyptians working abroad; this will total $2 billion in 1979, up from just $200 million six years ago. Suez Canal revenues will bring in $600 million and could rise to $1 billion a year by 1982, after the waterway is widened to allow two-way traffic. Another burgeoning...
...slums" of Calcutta, arrived to receive the Nobel Peace Prize. At her request, the Nobel committee eschewed the traditional banquet after the presentation and donated the $7,000 that the dinner for 135 would have cost to her Calcutta-based Missionaries of Charity, who will use the money to feed 400 poor people for a year. The $190,000 award money that goes with the Nobel Prize will be used to build homes and hospitals for lepers...
...biggest problem with Steven Spielberg's 1941 is its budget: this film is the most expensive Hollywood farce ever made. Certainly money has its uses in movies, but in a comedy? A key element of humor is surprise; jokes are funniest when they sneak up on the audience out of nowhere. In big-budget film making, the opportunities for comic am bush quickly disappear. Every joke announces itself in deafening stereo sound. Every pratfall is as momentous as Cecil B. DeMille's parting of the, Red Sea. Punch lines cannot be thrown away, but are instead hurled like...