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...received e-mails labelling him a “bastard” and calling for his death after he entered a debate over the portrayal of Hinduism in California textbooks earlier this year.In November, Witzel, the Wales professor of Sanskrit, was notified about edits submitted by the Vedic Foundation (VF) and the Hindu Education Foundation (HEF) for the California State Board of Education’s review of sixth grade social studies textbooks. The organizations said that the books should be revised to ensure that their depictions of Hinduism instilled pride among followers.But Witzel penned a letter—signed...
DENISE SEEGAL Brand Fashioner In October, Seegal, 50, takes the rudder at Nautica, the sportswear line owned by VF Corp. since 2003. After quitting Liz Claiborne in 2000 because of a spat with the CEO, Seegal went to Jennifer Lopez's clothing company, Sweetface Fashion; she boosted sales to about $250 million last year by expanding licensing deals to such categories as jewelry and shoes. Now Seegal must steer Nautica, which has struggled with weak sales and an inconsistent image, to calmer seas...
...just of themselves, but of other people as brands. They admitted in a Vanity Fair profile, for example, that one of the people they admire the most is Martha Stewart, “because of, like, everything she has created with her brand.” And VF writer James Wolcott couldn’t help but be impressed by the twins and their aura, concluding that, “Unlike the Bush daughters or the Hilton sisters, who always look as if they were about to pop out of a bachelor-party cake, M-K and Ash, as they?...
Despite being pummeled into bankruptcy, Warnaco's brands still have great value. That--and the fact that they are already in deep--is one of the reasons the banks have loaned Warnaco even more money. But if the bankruptcy court decides to sell off assets, rivals such as VF Corp., Kellwood, Jones Apparel and Sara Lee would be potential buyers. Although technically abrogated by the Chapter 11 filing, the Calvin Klein license, at least for the moment, will probably stay with Warnaco until the judge rules on it. So too, most likely, will Wachner. Her contract includes an estimated...
Last year, as Warnaco's share of intimate apparel fell before the likes of Intimate Brands (Victoria's Secret), Banana Republic, VF Corp. (Vanity Fair) and Sara Lee (Playtex, Wonderbra), the company lost $338 million. Trading in Warnaco's stock, which reached $44 in 1998, was suspended last week after it tumbled to 39[cents] a share; Wachner resigned from the board of the New York Stock Exchange. Her personal stake in the company has plunged from around $200 million to $1.8 million...