Word: turnaround
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...Hall of Famer John Jr. isn't the only looming legend. Hall of Famer Carril, 76, has been carefully following his basketball progeny's stunning three-year turnaround at Georgetown. And though Carril calls JT3's Hoya players "darn levelheaded Joes," they admit to not immediately buying into a system that demands total team discipline. "When you're coming from high school and you're the superstar of your team, you can sometimes ask, ?Why are we doing this?'" says Green. "But we soon realized that nobody could guard us." Thompson never considered scrapping the Princeton...
...That turnaround is especially sweet for Drexler, who arrived at J. Crew with a down-and-out story of his own, having weathered a two-year slump and ouster at Gap, the company he built into a $14 billion icon over 19 years, most spent as president and ceo. Today, while Gap flails--in January it got rid of Paul Pressler, the CEO brought in to replace Drexler--J. Crew, with only 226 stores, is one of few companies in the overdeveloped specialty-apparel arena with the potential for real growth...
...Quite a turnaround for an airline that lost nearly $1 billion in 1993--the same year marauding workers shocked the travel world by occupying runways and halting traffic at both Paris airports to protest proposed cost cutting. Still bleeding cash the following year, Air France needed a $3.9 billion injection from the government to stay afloat. And despite a considerable restructuring and divestment plan put into place as part of that bailout, by 1998 the airline was back to its bad old tricks. A strike on the eve of the 1998 World Cup, to which France played host, cost...
...shining day for Harvard softball,” junior Shelly Madick said. “It was a good turnaround...
...recent sign of the turnaround is the changing fate of the DaimlerChrysler/Mercedes Smart car, which is a megahit in Europe, Australia, Asia and Canada because it gets up to 69 m.p.g. (diesel) and is so small that two can fit into a parking space but which Mercedes delayed bringing to the U.S. for fear of tarnishing its identity as a status brand. Now the company is scrambling to get it to the States as quickly as possible...