Word: tycooning
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...spin language, they call it vision. In the annals of Seventh Avenue, it's known as persistence. Tommy Hilfiger, 45, began in the apparel business peddling jeans, mostly around New York State. In 1984, with backing from Hong Kong tycoon Mohan Murjani, he set up his own shop. Hilfiger led with his chin, with ads in which he compared himself to Ralph Lauren and Calvin Klein. The industry laughed--here was a tyro pushing rip-off designs and affecting to be an immortal. But Hilfiger was dogged. He came to recognize the flair in black street style, recombined it with...
...background. He is the self-made multimillionaire founder of the 400-store Great American Cookie Co. But the fact that Newt supporters not only showed up to heckle Coles but actually dressed for the occasion may indicate something else--anxiety that come November this spend-whatever-it-takes cookie tycoon could gobble up their...
...huge silver ball slides ever so deliberately down the pulsing neon face of a building in Times Square, and off leaps one of the world's most wildly imaginative entrepreneurs. It is Richard Branson, the raffish British tycoon who has splashed his company's Virgin logo on everything from airlines to a bridal service. The occasion: the opening of a $15 million, biggest-anywhere, 75,000-sq.-ft. new Virgin music-and-entertainment megastore...
...there no dark side to this fun-seeking tycoon? Just try competing against him. Within weeks, his new European airline--no-frills Virgin Express, owned with City Hotels--will shake up the high-altitude Continental-fare structure, cutting some prices as much as 50%. Says Branson: "We'll give the major airlines in Europe a proper run for their money...
AFTER READING YOUR REPORT ON CARL Lindner, the Chiquita Brands banana tycoon who showers money on members of Congress to get favorable free-market trade for bananas [BUSINESS, Jan. 22], I have concluded that the U.S. is not a democracy. In a democracy the people rule through their elected representatives: one man, one vote. Not so in the U.S. (or in any number of other countries). The basic idea is more like: $10,000, one vote! The electorate chooses certain people. These then go on to receive hundreds of thousands of dollars for doing what certain companies and associations want...