Word: shoes
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Other entrepreneurs thrive on challenges that can daunt larger firms. Few industries have shrunk more in recent years than American shoe manufacturing, which has seen imports walk off with much of its business. Yet the Timberland shoe company (1983 sales: $60 million), based in the rural hamlet of Newmarket, N.H., has weathered the foreign onslaught and added 900 workers over the past five years. "We benefited from the lack of imagination of some of the other old shoe companies around here," says Herman Swartz, president of the family-owned concern. Fully one-quarter of Timberland's sales have come...
...Arnold M. Hiatt '48, chairman and chief executive officer of the Stride Rite Corporation, a shoe manufacturer...
...visit to several Caribbean schools offers little that would contradict the arguments of critics. Most operate on shoe string budgets and breakneck schedules, cramming a semester's work into four or five weeks. The aptly named Spartan Health Sciences University on St. Lucia has only two full-time professors. The physiology and biochemistry departments occupy one room, separated from the hallway by a beaded rope curtain. The microbiology laboratory consists of a few rough wooden tables. Students are advised to bring their own microscopes...
...There is a healthy degree of competition," MIT's Canizares said, adding, "Its good for the field. You cannot think you're the only shoe in town, and I don't mean just on the Charles either...
...Eisenhower Administration's most experienced negotiators with the Soviets; in Rochester, N.Y. Wadsworth served for seven years as Henry Cabot Lodge's deputy at the U.N., becoming chief of the U.S. delegation in 1960, in time to witness-and condemn-Soviet Premier Nikita Khrushchev's shoe-banging tirade against the West...