Word: saling
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When Marks & Spencer put Brooks Brothers up for sale in early 2001, Del Vecchio pounced, eventually netting the company for $225 million. Out went the fused sports coats, denim pants and two-ply made-in-Mexico sweaters. In came the $2,000 suits, Loro Piana cashmeres and alligator-skin handbags. Mark-down sales became something that happened only twice a year. And brand-education classes?covering everything from company history to the way a sweater is made?were instituted for managers and salesclerks alike...
...Ageless Beauty, a beauty company based in Valencia, Calif., that markets Marvel-Minis, three separate light-based devices that are claimed to tackle acne (blue light), wrinkles (red) and sun spots (green). The brush-shaped tools ($225 each), which have not yet gotten the FDA's nod, went on sale at Nordstrom in April. "We ran out of stock in the first 30 days," boasts Sherif. "And I got phone calls from [potential partners and buyers] after just 20 days of being in business. Can you believe it?" Dee Rodriguez, president of Coastal Products International, the U.S. distributor of ilift...
...your sale of Equity Office Properties Trust mark the top of the real estate market and the peak of the private-equity boom...
...which supersede local ordinances, continue to prescribe heavy penalties - even in some cases death - for major dealers of illegal drugs, including marijuana. The federal penalty for possession of even a minuscule amount is a misdemeanor punishable by one year in prison and $1,000. Penalties are higher for cultivation, sale and crossing state lines. However, magistrates generally use state and local laws as sentencing guidelines - unless there is federal intervention, which doesn't occur in every drug case because they would increase court time and costs...
...Dylan. There follow 26 concerts from performers as varied as the Cape Philharmonic Orchestra, pop chart-toppers Freshlyground and punk rockers Fokofpolisiekar, plus four nights of Christmas carols. Tickets are $6-$7 and go on sale two days before each concert...