Word: stagnant
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Dates: during 1980-1989
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...power he found he was presiding over a military superpower and a Third World economic power. His clients in Cuba, Viet Nam, Ethiopia, Angola and Nicaragua required huge subsidies. Afghanistan was costing lives as well as money. In Eastern Europe the explosive forces of dissent were building dangerously. The stagnant Soviet economy was falling further and further behind the West. Gorbachev's only option was to reform at home and retrench abroad...
...that mink, which account for 75% of U.S. fur coats, are treated humanely and killed painlessly. Fur, the industry points out, is a natural fabric whose production does not pollute the environment or use fossil fuels, as does the creation of acrylic fibers. Nonetheless, U.S. fur sales have remained stagnant -- at an annual level of about $1.8 billion -- over the past three years; during the Christmas season, many department stores are slashing prices to move their furs. To meet the animal-rights threat, the Fur Information Council of America last month launched an ad campaign stressing freedom of choice: "Today...
...many companies in the computer industry. After a decade of rapid expansion and explosive product innovation, the business has lost some of its pizazz. Many established companies are repackaging old technology rather than developing daring new products. Manufacturers of such big machines as mainframes and minicomputers are suffering from stagnant sales as customers turn to powerful but less expensive workstations and personal computers. At the same time, many customers are reluctant to buy new hardware because of a shortage of innovative software to provide fresh applications for the machines...
America's retailers have precious little to cheer about these days. Many of the best-known U.S. department-store chains are up for sale. Garment sales have been stagnant, and profits are squeezed. But then there is Donna Karan, a women's-clothing designer whose creations send department-store executives into fits of giddy optimism. The Queen of Seventh Avenue, as the fashion press calls her, Karan is chief executive officer and head designer of a five-year- old company that expects to rake in $115 million in revenues this year. Her sportswear line arrived in stores eight months...
...acquisitions as Brooks Brothers and Bonwit Teller to pay part of his $11 billion debt, he insisted that his remaining chains could churn out enough cash to make interest payments, finance expansion and yield profits as well. Instead, the cash registers rang slowly as the retailing industry suffered from stagnant consumer spending...