Word: profits
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...What’s even more interesting is that Ezaria is committed to giving part of their profit to those artisans in those countries from which they’re importing goods...allowing for their sustainability,” he said...
Ezaria is in a league of its own, according to the founders’ research, Shakir said. “It’s a business with a social conscience...as non-profit you can get without being non-profit,” she said...
Even if those labels fail, ready- to-wear will survive. Couture's future is chancier. Those catwalk confections don't turn a profit. From inspiration to hand-sewn conclusion, each runway spectacle can cost about $3 million to produce while the number of clients willing to pay $60,000 or more for a dress dwindles. With the U.S. dollar steadily weakening against the euro, such dependable American customers as Suzanne Saperstein, the fashion-mad wife of billionaire media tycoon David Saperstein, are tightening their Herms belts or dropping out of couture altogether...
...James Kilts, for one, stands to make an estimated $123 million from selling his firm to P&G, based on last week's stock prices and options that will vest when the ink on the deal dries. Famed investor Warren Buffett has also scored big, reaping a paper profit of $567 million for Berkshire Hathaway, which owns 96 million Gillette shares. "It's a dream deal," he said in a statement, pledging to raise his stake to 100 million shares as a vote of confidence...
...rival and wounded his 13-year-old nephew, bringing the total murders in the last three months to 47, including 14 in January alone. The faida, or blood feud, began when a Mob splinter group rebelled against alleged demands from Di Lauro for a bigger cut of the profit. The women who accosted police on Jan. 21 were likely among those who live off the money from drug trafficking, which is worth up to €500,000 a day. Vittorio Pisani, head of the city's police investigative unit, says the vast majority of Neapolitans would love...