Word: timberland
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Foreign shopping fever reaches even into the country's remote fastnesses. When the brash British raider Sir James Goldsmith calculated that U.S. timberland was becoming a tempting prize, he launched a $500 million takeover bid at San Francisco's Crown Zellerbach paper company in order to grab the corporation's vast forests. As a result of the 1985 takeover, Goldsmith now owns 1.9 million acres of American forests in Washington State and Oregon...
...last three years an explosion of outlets has turned Main Street into a name-brand heaven. For those inclined toward dapper preppiness, Polo-Ralph Lauren has opened a factory outlet which sells at drastic discounts. Hathaway shirts, Bass shoes--and its competitors Dexter and Timberland--also have joined the crowd. Even London Fog raincoats can be bought in this once-sleepy village. For those interested in kitchenware or furniture, there are Corning Designs and Dansk...
...half my life in bed, I might as well have a comfortable pillow." Across from Bean's, at Cole Haan, beautiful shoes are on sale for $89, marked down from $165. Uncountable thousands are in town on a rainy Saturday browsing and buying at Anne Klein, Ralph Lauren and Timberland. Americans work five days and on the sixth shop...
Some high-price, high-quality American shoes have carved out foreign markets. In Italy, Timberland shoes (retail price in Rome: $100 a pair) are such a fad that young thugs have taken to attacking people and stripping them of the American-made footwear. Yet the Timberland factory in Newmarket, N.H., failed to meet its production target last year because it could not pay its workers high enough wages...
Other entrepreneurs thrive on challenges that can daunt larger firms. Few industries have shrunk more in recent years than American shoe manufacturing, which has seen imports walk off with much of its business. Yet the Timberland shoe company (1983 sales: $60 million), based in the rural hamlet of Newmarket, N.H., has weathered the foreign onslaught and added 900 workers over the past five years. "We benefited from the lack of imagination of some of the other old shoe companies around here," says Herman Swartz, president of the family-owned concern. Fully one-quarter of Timberland's sales have come...