Word: retailing
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Dates: during 1990-1999
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...were a fashion event, you might call it fabulous. Tonight's audience at Showroom Seven, a grand wholesale-retail space in midtown Manhattan, is peppered with actors, musicians, some designers for DKNY and others at home among racks of classy outfits destined for sale at Barney's or Bergdorf Goodman. Even the speaker looks swank, in perfectly coordinated suit and tie and black velvet yarmulke. But Rabbi Abraham Hardoon is not here to talk pret-a-porter; he is discoursing on the ancient esoteric Jewish tradition of Kabbalah...
Nevertheless, the agreement did not come easily. Several buildings in Winthrop Square are being redeveloped as retail and luxury condominium space, and for several months this year it was unclear if there would be room in the upscale new complex for Grendel...
Intercontinental plans to construct a seven-story building behind Grendel's, housing a 10,000 square foot parking area, three floors of retail space and a dozen luxury condominium units...
Like Levi's, denim's other big brands, VF Corp. (maker of Lee and Wrangler) and Guess?, have got a kick in the pants of late. "The story here is the competition," says Isaac Lagnado, president of Tactical Retail Solutions. In the world of blue jeans, denim pluralism was until recently considered blasphemy. That is, until Gap Inc. successfully introduced a complete store-brand jeans line in 1991. According to Lagnado, market share for private-label brands has grown from 8% in 1990 to 18% last year. Levi's has fallen from...
Under Ivester's direction, Coke is pouring on the investment to attain its goal of gulping 50% of the U.S. market by 2001. The plan is to make this conspicuous brand ubiquitous by putting a Coke vending machine or retail point within arm's length of every consumer. Those market-share points are going to become harder to swallow, though. Coke and Pepsi lay out about $2 billion annually in soft-drink promotion worldwide, and spent an ugly summer in a nonstop price war. Moreover, Pepsi has its own formidable general in Roger Enrico, as well as a new game...