Word: cash
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Dates: during 1980-1989
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...recent years, American designers and manufacturers have rushed to cash in on Amekaji. Designers like Ralph Lauren prospered during the upscale preppie fad, or toraddo-bumu, but interest in the traditional look has recently faltered -- though it will never die out because of the Japanese partiality for neat and tailored clothes. Interest in American sportswear is strong, and the California influence is evident everywhere. Last summer many teens were captivated by the surfer look, with shirts and shorts in neon lime and fluorescent orange. The University of California, Los Angeles, through its own licensees in Japan, sells annually some...
...geographer Thomas Jablonsky, their flight represents the first net "out migration" of this trendsetting group in the state's history. They are relatively skilled and prosperous, and mobile enough to escape Southern California's well- advertised problems of traffic, smog and crime. Many are so-called equity emigres who cash in on their California houses to acquire equivalent property near Puget Sound at literally half the price. Last month's Northern California earthquake, however, has had little impact on the exodus. A poll by the Field Institute showed that though many Californians expect new quakes, only 2% say they...
...Cash starved and struggling, Britain's Jaguar PLC has decided to take the course favored by many an aristocrat facing hard times: marrying into money. Last week, three days after Japanese investors bought a majority interest in Rockefeller Center, the 67-year-old maker of sleek, purring luxury sports cars and sedans agreed to be taken over by America's Ford Motor for $2.5 billion. The deal is likely to win approval from the required 75% of Jaguar's stockholders...
Ford, flush with profits after four prosperous years, will acquire instant . access to the market for ultra-luxurious driving machines. Automotive experts expect Jaguar to use the cash infusion to develop new, more competitively priced models...
...President's greatest achievement has been to increase discipline in his 65,000-man army, which includes former rebel troops. Says a Kampala businessman: "Gone are the days when you had to hide your car from greedy soldiers and carry cash in your pockets to pay them off when they stopped you." Amnesty International reported that although there are still problems of torture and arbitrary detention, "the army is more subject to the law now than at any time in the last 20 years...