Word: skiing
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Dates: during 1990-1990
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Kamori Kanko Co. is heading downhill -- and happy about it. Early this month the Japanese tourism firm said it had agreed to buy Heavenly Valley, the ski resort near Lake Tahoe, for an estimated $90 million. The sale would mean that Kamori Kanko will play host to more U.S. skiers than any other company. The firm, controlled by Sapporo businessman Katsuo Kamori, 83, and his son Kimihito, 47, also owns the ski resort of Steamboat Springs, Colo., which the Kamoris bought last year for a reported $110 million. The elder Kamori has not confined his interest to the slopes. Besides...
SEEKING DIVORCE. Ivana Trump, 41, former Czechoslovakian fashion model and ski competitor; from struggling real estate developer Donald Trump, 44; after 13 years of marriage, three children. Though the couple separated spectacularly nine months ago, the formal decision to file papers was announced only last week. Ivana Trump is still challenging the couple's postnuptial agreement, which limits her claim to $10 million plus their $12 million estate in Connecticut...
...ski business is doing anything but schussing these days. Equipment sales have been logy, in part because of last year's snow drought in Europe. A company would need a lot of nerve to launch a pricey new board right now, but France's Salomon is plunging ahead with a ski that the trade magazine Snow Country called the "most talked-about product to hit the ski market since the plastic boot." A leading manufacturer of ski boots and bindings, Salomon spent six years and $40 million developing its first ski ever. The result is the S9000 Equipe, a superfast...
...ski's breakthrough feature is the "monocoque," or single-shell construction, which allows the skier to transmit force directly to the edges more easily than with the multilayer sandwich construction of other skis. The S9000 costs $600 a pair, but may become a hot property among racers and aggressive recreational skiers. Salomon (1989 sales: $613 million) aims to become the leading maker of top-flight skis within the next five years. But the climb will be no cakewalk against the industry leaders, France's Rossignol and America's K2, which have carved out loyal followings...
...industry that has seen the tennis boom bottom out, the ski trend sag and the jogging craze slow down, blading is the bright new hope for future growth in sporting-goods sales. Industry experts believe that blades will rival the $350 million alpine-ski-boot market in the next decade. Says Thomas Doyle, research director for the National Sporting Goods Association: "It's a natural fitness activity, and the price is right." The cost ranges from $100 for basic in-line skates to $330 for pumped-up Racerblades, which have five wheels instead of the usual four...