Word: premiums
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...acquiring more than 20% of its outstanding shares--which he still holds--and then making an $8.7 billion bid for the whole firm, Gucci struck back by emulating the very business that was trying to acquire it. Gucci CEO Domenico De Sole and creative director Tom Ford started purchasing premium fashion brands in a bid to become a luxury superpower to rival LVMH...
...only be surmised." Today the experts have been confounded. The duchy's Home Farm near Highgrove is 100% organic and highly profitable and serves as a model for farmers around the country at a time when farm incomes are falling and organic produce is in high demand, fetching premium prices in shops and supermarkets...
Those Harvard students who dedicate their time and energy to community service are quick to point out that it is often a thankless task. Hours of tireless commitment to endeavors aimed neither at money, nor at self-aggrandizement, are frequently overlooked on a campus that places an exceptionally high premium on traditional models of success...
...train pulls out of the Napa depot, with an art show and a complimentary wine-tasting seminar. Then you climb onboard for the feast. As the train rolls at a peaceful pace past 27 wineries and manicured vineyards, passengers can sip local Chardonnays, Cabernet Sauvignons, Pinot Noirs or other premium varietals as they dine in luxuriously refurbished Pullman cars, vintage 1915-70. Executive chef Patrick Finney's menu may include filet mignon marinated in red wine and herbs and served with Cabernet-Roquefort sauce. Those who are into food as much as wine are invited by Chef Finney to stroll...
...more than 12 "catastrophe vulnerable" states, insurers are making the deductible for catastrophic events a percentage (2% to 5%) of the home's insured value rather than a set dollar amount. This gives you a choice: you can pick either a lower-percentage deductible and pay a higher premium or vice versa. For example, if you have a $200,000 home in Florida with a 2% deductible, your annual premium is $2,372. Take a 5% deductible, and you save more than $200 annually on the premium. If disaster strikes, though, you're $10,000 out of pocket versus...