Word: stocking
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2000
Sort By: most recent first
(reverse)
...estimated $1.1 billion in profits, made their name as a basics retailer with a fashion edge, the message driven home by brilliant advertising. But last May, Gap began to lose that edge. For six consecutive months, sales at Gap stores fell flat or into negative territory, dragging the stock price down with them...
Fashion can be a nasty business, even in a profligate economy. Struggling Levi Strauss just had its debt downgraded, and the stock price of can't-miss Tommy Hilfiger took a drubbing over slowing sales and murmurs that the Hilfiger label was losing its cool. Last year it was lifestyle king Polo Ralph Lauren's turn to get hammered by the market...
When Drexler turns his attention to something, results are usually quick to follow. So in October, when Robert Fisher, president of the Gap division and son of founders Donald and Doris, announced his resignation, Drexler quickly assumed his duties. The company's stock rose 10% on the news. Under Drexler, who took over as president of Gap brand in 1983, the company has gone from a $430 million blue-jeans chain to an $11 billion global enterprise with the kind of brand recognition enjoyed by Coca-Cola. It is rare to find a town where a Gap store does...
...takeover negotiations, easily surpassed last month's AOL-Time Warner deal as the largest ever. And it was also proof, in some minds, that European business had finally arrived--albeit late--in the 20th century, complete with hostile bids, Wall Street sharks and Internet-worthy stock prices...
...executive-producing a summer movie based on the X-Men. But Lee has a bigger target still. "I know it sounds silly," he says, "but I hope we can make Stan Lee Media so big and prosperous that we can eventually buy Marvel." Silly? Last week his company's stock hit an all-time high, its market capitalization of $311.7 million eclipsing Marvel's $197 million. If The 7th Portal doesn't make people believe there's magic in cyberspace, Stan Lee's equity just might...