Word: trimmed
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...degrees, partner in a well-known investment bank that, like all investment banks, is cutting back. He runs a small department that should bear much fruit in the 1990s. It specializes in financing companies related to "the environment." It's exactly the kind of investment a company shouldn't trim unless it absolutely...
...spearheaded by Maurizio Gucci, 42, the founder's grandson, who last year assumed control of Guccio Gucci S.p.A. With the support of Investcorp, a Bahrain-based investment firm that owns half the business, Gucci pared the product line from 22,000 to 7,000 items, and he will probably trim the inventory still further. Among the first products to be eliminated: the cheap, unlined canvas pocketbooks with the double-G logo that were easily copied, and can still be picked up for a mere $35 on city street corners...
Much of this, of course, is a continuation of a trim-down trend that has been going on for years and has been accelerated by the economy's recent nose dive and the drying up of ad revenues. But the crunch has become more urgent because of the budget-busting Persian Gulf crisis, which has cost the networks as much as $3 million combined per week (though less than half that in recent weeks). "What it means is no budget or people for anything else," says one CBS correspondent. "God help us if another big story breaks...
...came to public attention with a proposal to paint a series of haunting silhouettes of demolished landmarks on building walls near the historic structures' former sites. In his first actual mural, on an all-but-blank side wall of a cast-iron structure, he painted windows and trim that uncannily duplicated the building's street front. The painting has since become as much of a landmark as its surroundings...
...inch below his shoulders. When people see it, he says, "they know they're dealing with someone special. They have to feel that I am successful if I can get away with this." Bob Rolke, 18, a varsity swimmer at Washington's American University, has barely had a trim in the past two years and says of his mass of bronze curls, "The girls like it." The ponytail's most notable practitioner is undoubtedly Hollywood's Steven Seagal, the impassive karate black belt whose hit movies Hard to Kill and Marked for Death helped popularize the style...