Word: sportswear
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Genesco is also the victim of uncontrolled forces. It depends on the manufacture and retailing of fashion-sensitive clothing and shoes for 90% of its revenues. Its subsidiaries include Esquire Sportswear, Johnston & Murphy shoes and Formfit Rogers lingerie, as well as Henri Bendel, Bonwit Teller, I. Miller, S.H. Kress and Roos/Atkins. Lately, the fashion world has degenerated into volatile anarchy. The men's clothing industry has suffered especially, as young men have chucked tweeds and worsteds in favor of blue jeans and Army fatigues. One of Genesco's subsidiaries, Danté, Inc., which manufactures cuff links, has been...
Dresses Up. The retail business is sprinkled with sensitive economic barometers. Bernard Galitzki, owner of a Portland, Ore., fabric-store chain, watches women's dresses. "In a recession, women buy sportswear or no clothes at all," he says. "A healthy dress business means that women expect their husbands to take them out more." Women's secondhand dress shops provide another indicator. Last autumn the clothes on the racks of some shops were three years old; women were hanging on to their old fashions instead of buying more recent ones-a clear sign of hard times. Lately there...
MICHAEL ALLEN BABCOCK, 45, a petite and chic redhead, looks more like a sportswear designer than the president and chief stockholder of the U.S.'s fourth largest computer time-sharing company. Her firm, Allen-Babcock of Los Angeles, has annual revenues of $5,000,000 and more than 300 clients. "I was always strongly motivated," she says...
...Pleasence and Williamson and several ominous appearances by the black sedan. The students drive across the dunes to meet their fate, and the movie ends as it began: badly. Raoul Coutard's photography, however, is very easy on the eyes, as is Daria Halprin, modeling the latest in kibbutz sportswear...
...tour, Lee has won nine P.G.A. tournaments and currently ranks No. 10 among golf's alltime money winners. (Palmer leads, with $1,364,898.) Besieged by sponsors waiting to have their wallets tapped, he also has a host of lucrative endorsement deals with, among others, Blue Bell, Inc. (sportswear), Abbott Laboratories (golf equipment), Stylist Shoe Co., Downtowner Motor Inns, Chrysler's Dodge Division, and, of course, the Dr Pepper Co. In addition, Lee Trevino Enterprises Inc. is readying a TV series called Golf Celebrity and a $1.5 million luxury apartment complex in El Paso called Casa Trevino...