Word: sunwear
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Dates: during 1990-1999
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Among the challenges for companies seeking to grow: eliminating shrinkage (inventory theft), endemic to this industry, and moving manufacturing offshore to provide enough supply to satisfy retailers. "We're interested in companies that can keep up with our growth," says Timothy Harmon, 46, president of Pacific Sunwear, a 342-store national chain specializing in board-sports attire. "A lot of smaller companies aren't sophisticated enough to source overseas...