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...crucial first step is to lower costs, inventory and manufacturing infrastructure to levels more in line with demand. Overzealous production had left the company with millions of dollars' worth of unwanted stock by mid-2008. Some of the work was already under way: Crocs has shed 32% of jobs since 2007, shuttering factories, paring its distribution network and cutting its inventory in half over the past couple of years. That's helped nudge Crocs' stock close to $7, but for it "to move higher, [the company] ultimately needs to become profitable," says Mitch Kummetz, a senior research analyst at Wisconsin...

Author: /time Magazine | Title: Can Crocs Be More Than a One-Hit Wonder? | 10/9/2009 | See Source »

...concern spectators raised during the event was Khazei’s lack of political experience. Colin J. Motley ’10, president of the Harvard Republican Club, said, “people who hold state offices...have a step up” in this type of campaign...

Author: By Andrew Z. Lorey, CONTRIBUTING WRITER | Title: Democratic Senate Candidate Speaks in Adams House | 10/9/2009 | See Source »

...pains me greatly to see Mather IMs go under," one undergrad wrote. "I noticed the emails about still not having reps?...I'm still hoping a couple people will step up and organize teams...

Author: By H. Zane B. Wruble | Title: Mather Will Forfeit No More | 10/9/2009 | See Source »

...Honorable Newt Gingrich, former Speaker of the House, outlined a five-step plan to consolidate the United States’ prominent position in a changing geopolitical landscape to a packed Institute of Politics forum last night at an event entitled “A Tripartisan Majority for Real Change...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Gingrich Touts ‘Tripartisanship’ | 10/9/2009 | See Source »

...detractors point out that sleeping with minors is indeed a crime - and that if, as Mitterrand's book suggests, that is what he did, he should step down. But Mitterrand has always maintained his novel was intended as a kind of full disclosure of things he'd seen and experienced. While the portion of the book dealing with prostitution might worry some readers - "I got into the habit of paying for boys," he writes - Mitterrand argues that his use of the word boy referred to younger men rather than minors. Many older gay men use the expression in that...

Author: /time Magazine | Title: Mitterrand: A Friend to Polanski — and Young Boys? | 10/8/2009 | See Source »

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