Word: label
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Dates: during 2000-2009
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...states fought one another over the popular "no tears" onions known as Vidalia Sweets. Originally grown near the town of Vidalia, Ga., these onions soon were cultivated elsewhere from Vidalia onion seeds. A 1986 Georgia law says onion growers in only 20 of the state's 159 counties can label their produce Vidalia. Violators are fined by the state's commissioner of agriculture...
...Kasmati. RiceTec denies those claims and says it developed its rice for "American tastes." Indian basmati is a more delicate grain and has a stronger flavor than the shorter-grained Texmati. Still, Indian politicians have called for an international trademark on basmati that would restrict use of the label to rice that comes from the foothills of the Himalayas...
...Ripplewood Holdings may be little known in the U.S., but the private-equity firm, based in New York City, is virtually a household name in Japan, thanks to a $2.5 billion shopping spree in which it has grabbed national jewels, including a bank, a golf resort and a record label. The current deal may or may not involve KDDI, the Japanese phone giant Ripplewood is reportedly negotiating with for purchase of its wireless units. In any case it's bound to raise another round of hysterical cries about a foreign invasion--a nice irony for those who remember when Japan...
...taste for companies that evoke Japanese national pride. Ripplewood in 1999 became the first foreign firm to buy out a Japanese bank--Long-Term Credit Bank, the fifth largest. Last year it snapped up the largest share in--and effective control of--Nippon Columbia, the 92-year-old record label whose name is synonymous with enka (Japanese folk ballads). Then Ripplewood bought out Seagaia, a sprawling golf and beach resort on the southern island of Kyushu that plays host to Japan's best-known golf tournament. Ripplewood also purchased Niles Parts, an auto-parts maker...
...record label Nippon Columbia, Ripplewood's task was less to redefine the business than to get back to it. Over the years the company had simply stopped producing hits, relying for sales revenue on the albums of enka queen Hibari Misora--who died in 1989. Nippon Columbia owned Denon, an audio-equipment maker, and odd assets such as real estate and golf memberships. The staff was bloated, the headquarters stuffy, and the company had not turned a profit in 10 years...