Word: outfits
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Dates: during 1990-1999
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Like a teenager after a growth spurt, Nike is a multibillion-dollar monster finding its size awkward. Knight's challenge is to re-create the essence of the outfit he first operated out of the trunk of his car with his college track coach and a bunch of running geeks who would do anything to avoid a real job. But this won't be a jog in the park. Last week the company announced a restructuring that landed heavily on its sports center-cum-headquarters in Beaverton, Ore., where about 250 employees were laid off. "When you grow quickly," says...
Harvard's "mascot" sported a loud, rainbow-striped outfit; he was draped in a red cape with a big "H" on it. He was actually a hanger-on from the earlier game between Hawaii and Arkansas--the Hawaii team is nicknamed the Rainbow Wahine...
...item "Larry The Shrinking Violet" noted that I had dropped by a party held by Treasury Secretary Lloyd Bentsen the night of the Administration's NAFTA victory. I was en route to a taping of my show at CNN, and I was not wearing a "cozy white warm-up outfit," as you said, but my usual on-air uniform: dress shirt, tie, suspenders, respectable dark dress trousers and my favorite baseball jacket, which celebrates Japan's Nippon Ham Fighters team. That didn't seem to bother anyone; President Clinton even asked where he could get a jacket like mine...
...company's corporate-governance system is totally compromised by the cross directorships with the foundations. "We as class-A [nonvoting] shareholders are impotent to effect any kind of change," complains Jonathan Lewis, an analyst at Franklin Mutual Advisors, which is headed by the feared raider Michael Price. The outfit, which has made runs at Dow Jones & Co., Chase Manhattan Corp. and Sunbeam Corp., wants Grune gone. Says Lewis: "Grune is an ineffective manager, and I think the board of directors should expeditiously seek to replace him and/or to pursue the sale of the company." It's not quite the welcome...
...chip in one-third. The public school district in Beaufort, S.C., leased laptops to 300 students last year, and after a swell of parent demands, expanded the program this fall to 1,000. In Texas, state-school-board president Jack Christie is pushing a proposal to junk textbooks and outfit 4 million students with portable computers complete with Internet access and a CD-ROM drive. He hasn't converted everyone yet, but vows it's "just a matter of time." Says Christie: "There are pockets of resistance--in the same way that people opposed the space program and said...