Word: sanders
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...want to name names, but these are people named as Blair’s possible successors—contacted me to urge me to take this project on because they thought there was the opportunity for lots of learning in policy terms,” he said. Thomas H. Sander, executive director of The Saguaro Seminar: Civic Engagement in America, a Kennedy School program to identify ways to strengthen America’s civil connectedness, said that although civic involvement is thought to be greater in Britain, the program’s findings may prove otherwise. Differences in religiosity...
...uses only Italian in a multilingual peer group and has a fiery temperament. Bertelli has proved brilliant at steering the Prada and Miu Miu brands with his wife Miuccia Prada. But acquisitions have been rockier. Following a brief honeymoon period after Prada Group acquired the majority stake in Jil Sander, the eponymous designer walked, returned, then walked for good in 2004, to be replaced by Raf Simons. (The Jil Sander company was sold earlier this year to the British-based investment fund Change Capital Partners...
...numbers those companies are posting. Gross profit margins for apparel are 50%, and for leather goods they can be as high as 77%, according to TAG. So it's not surprising that in the past two years dealmaking in this sector has shifted into overdrive. Since February alone, Jil Sander was snapped up by London-based Change Capital Partners, English luxury retailer Asprey was bought by New York City--based Sciens Capital Management and a U.S. hedge fund, and the Italian apparel brand Piazza Sempione was acquired by Paris- and Milan-based L Capital. More deals are rumored...
...reasons Change Capital viewed Jil Sander as an attractive investment was that it doesn't rely on up-to-the-minute trends to the degree that a brand like Dolce & Gabbana does. "You would not expect a collection to come out and lose 50% of your sales because you didn't hit the right button," says Stephan Lobmeyr, a managing director at Change Capital. "I'm not saying it's not innovative. You need innovation or you don't have a place in high fashion, but it's more stable...
...Athletes such as Walt Frazier, Oscar de la Hoya, Martina Navratilova and Serena Williams followed suit, and Puma further revolutionized the category with the introduction of Velcro fasteners. Not content to stay in the stadium, Puma branched out, marrying sports with fashion in 1998 with a collection of Jil Sander--designed sneakers. Lines for Christy Turlington's Nuala brand followed, as did Evisu's True Love Never Dies jeans and collaborations with Philippe Starck and Alexander McQueen...