Word: presdient
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Dates: during 1970-1979
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...thought that the Chinese had interesting merchandise that our customers would like." says Presdient Marvin Traub, recalling how the venture began in 1971. When the White House lifted the embargo on trade that summer. Traub immediately called a friendly French importer of Chinese goods and persuaded him to redirect to Bloomingdale's a shipment already on route to France. Result: on Oct. 25, 1971 the very day the U.N. gave a seat to the People's Republic, Bloomingdale's opened its "China Passage" shop. The timing helped to make the shop an immediate hit. Woven rattan baskets...
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