Word: retailing
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...Lagerfeld, who previously designed products for the French mass-market chain La Redoute, follows the relatively new trend of high-end designers' dipping down into popular-priced retail. In the 1970s Halston shocked the fashion world when he sold his name to the U.S. department store J.C. Penney and launched a less expensive collection. Next month Oscar de la Renta will introduce a new moderate line, O Oscar, that will retail for less than $100. "We're certainly going to see more of this," says Marshal Cohen, chief analyst for NPD Group, a New York-based trend-tracking firm...
...addition, a new fund raising objective was added to this year’s Celebration. Zolesk said since May, he has been attempting to gain sponsorship for the event from local retail outlets, businesses and law firms...
...will soon be the highest roller in the gaming industry--but Gary Loveman, 44, is already the unlikeliest. Only several years ago, Loveman was a professor at Harvard Business School, specializing in the service economy. Now he's applying some of those theories about retail and customer loyalty to Harrah's Entertainment, which, after last week's $9.25 billion--including debt--deal for Caesars Entertainment is consummated, will cement its position as the world's biggest casino operator...
Lagerfeld, who previously designed products for the French mass-market chain La Redoute, follows the relatively new trend of high-end designers' dipping down into popular-priced retail. In the 1970s Halston shocked the fashion world when he sold his name to J.C. Penney and launched a less expensive collection. Next month Oscar de la Renta will introduce a new moderate line, O Oscar, that will retail for less than $100. "We're certainly going to see more of this," says Marshal Cohen, chief analyst for NPD Group, a trend-tracking firm. "I wouldn't be surprised...
Tate & Lyle is on a sugar rush. After just four years in stores, the British firm's no-calorie sweetener sucralose (brand name Splenda) accounts for 43% of U.S. retail sugar-substitute sales (excluding Wal-Mart). That beats Equal and Sweet'n Low, according to market researcher Information Resources. In a deal with Tate, McNeil Nutritionals, a Johnson & Johnson division, is rolling out a sugar-Splenda blend for baking in August. Splenda, already used in thousands of manufactured foods (one appeal: it withstands heat better than alternatives do), is also going into new mid-calorie sodas from Coca-Cola...