Word: esprit
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Heinz Krogner, Chief Executive of clothing designer and retailer Esprit, is one of the world's great turnaround artists. A decade ago, Esprit was a declining casual-clothing business. But Krogner rebuilt Esprit into one of the fastest-growing apparel retailers. Sales in the past fiscal year, which ended in June, probably topped $3 billion, nearly triple its revenues in 2001. In those five years, Esprit's market value has increased eightfold, to more than $10 billion, roughly on a par with Limited Brands and almost twice the size of Abercrombie & Fitch...
...consistently popular boss - which has not always been true for all members of the royal family. "There's a lot of esprit de corps here," says Ross. "People stay a long time, and they don't get rich. It's because she's wonderful to work for. You cannot bluff, you cannot pull the wool over her eyes. You get clear direction, never ambiguous, and once a decision is made, it's not changed. The hardest thing about the job is ever letting her down." Hunka says the palace "is almost without politics. I never have to write a memo...
Facing the river on the Left Bank is a new hotel that makes my list, the Hôtel Esprit Saint Germain--discreet and quiet, and a quick sprint from some of the city's favorite haunts. A tiny, cute, retrofitted dairy, Cremerie Caves Miard (9, Rue des Quatre-Vents), provides a lunch or dinner antidote for jet lag. The young chef-owner serves seasonal, simple country food and fascinating wines...
...worked with Nigerian child-soldiers in rehabilitation. He gives no illusory messages of hope. On the contrary, all hope is extirpated in the epigraph, in which Rimbaud’s forlorn words resound: “je parvins à faire s’évanouir dans mon esprit toute l’esperance humaine” (“I managed to make all human hope disappear from my mind”). Yet the act of telling Agu’s story must be a positive first step...
...contracts with their owners - the Italian textile group Marzotto - after rumors last season that the Roman couturier would soon retire. Last week, Valentino showed no sign of quitting anytime soon, as he showed an ever-rich collection of velvet suits beaded in jet, topaz and crystal, and point d'esprit gowns in solemn black or graphic black-and-white. Even with the newcomers in Paris this season, it was the old guard who triumphed in their sobriety and skill...