Word: tag
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...firms increasingly value strong management, and Calhoun, 49, joins a growing line of execs defecting from their listed companies. They're lured away by private equity's promise of less scrutiny and big financial reward. Calhoun's new pay is rumored at around $100 million. It's a price tag for which VNU's owners--a group of private-equity firms, including Kohlberg Kravis Roberts, that acquired the company for $9.8 billion in July--will expect big results, and Calhoun, who headed GE's $47 billion infrastructure unit, is unlikely to disappoint. At VNU, he's charged with turning around...
Professors Robert Lue and Ray Erickson comprise the Jekyll and Hyde tag-team that teaches BS 54 (a.k.a. MCB 54) and clearly shows the pitfalls of a team-taught course. Watch Lue as he describes the actin kinetics behind "dicty" movement (you wouldn't think that nausea and laughter could be experienced together), Lue also likes to show off his tech savvy with animations that are pretty cool to the science nerds that populate the course. He even modifies the trailers of popular movies into short clips about BS 54—but watch out, that grin he wears during...
Most analysts say the attraction of luxury these days is the growth opportunity. TAG's Dana Telsey, who has tracked retail for 21 years, attributes the increased interest to "how profitable these businesses can be when run well." Companies like L Capital have earned five times their investment in firms like retail clothier Gant and three to four times their investment with Antichi Pellettieri SpA, an Italian apparel and accessories company?in just over three years...
...again, and God forbid the brand doesn't hit the right trend one season. The result can be costly, with stores filled with unsold merchandise. The potential for failure is great, "but the upside opportunity is also that great," says James Hurley, who follows the luxury market at TAG...
...recent phenomenon. Jeans were long considered a $30, five-pocket commodity, with connotations of youth, rebels and weekends in the Western world. Periodically, prices spiked for so-called designer jeans (think Calvin Klein in 1980). But those remained a status sell focused on pocket stitching and the tag; most proved to have short life cycles...