Word: productiveness
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...right retailers, today is a time of great opportunity. "Right now a scary place to be is in the middle," says Christine Chen, retail analyst at Needeman & Co. "If you have your product right, you want to be high-end or value...
...Crew: CEO Mickey Drexler managed to take a company that competed with the Gap selling t-shirts and khakis and revamp its merchandise on quality and price. He made the designer business affordable through brilliant product development. Now customers get cashmere sweaters and tailored suits for less than high-end labels. "It's perceived exclusivity," says Chen. "It's pretty accessible and for their customer it's a bargain." J. Crew might still sell some basics, but they do it better than anyone else. Their fiscal year ended February 2 with revenues increasing 16% and comparable store sales...
...year-old company's archives of some 13,000 pairs of shoes for inspiration. After pulling ideas to meld into new designs, Atwood set to work creating special pieces for the modern woman. "It's a very fast-moving consumer," he says. "We have to give them the product that they need." He's off to a good start: recent designs include quilted patent-leather beauty cases and a luxurious shoe bag that holds as many as six pairs of shoes...
...today's booming luxury-watch market, it takes more than a pretty product to keep up with the industry's top players. Concord's new C1 (above) is the brand's impressive attempt to reclaim a spot in watchmaking's top tier. Over the course of its history?the company marks its 100th anniversary this year?Concord has produced timepieces for world leaders and, owing in part to its advancements with quartz watches in the 1970s, has been at the vanguard of engineering. But in recent years, public perception of the brand has veered toward the staid side of traditional...
...brewed to stave off hunger or exhaustion or to ease the often debilitating effects of high-altitude life in the Andes. It is also "used by healers and in ceremonial offerings to the gods," says Ana Maria Chavez, a coca seller in La Paz, who refers to her product as "the sacred leaf." Pope John Paul II even drank coca tea on a 1988 visit to Bolivia. It is, says Chavez, "part...