Upscale retailers lure big spenders this season
New York shoppers flock to luxury brands as wealth widens and the stock market climbs. Joyce Kim eyed a $12,000 mink at Saks while Diane Bendel and others snatched up cashmere, diamonds, and designer handbags. Analysts note renewed demand after the 1987 crash with Tiffany and Gucci stock rising and stores reporting strong sales.
MENTIONED IN THIS ARTICLE
Tiffany's
New York
Fifth Avenue
Joyce Kim
New Yorker
Saks Fifth Avenue
Saks
Diamonds and & Co
Chanel
Prada
Louis Vuitton
Jeffrey Feiner
Salomon Brothers Inc
Tiffa
Gucci N's
Henri Bendel
Self-sticking stamps a headache for recyclers
Washington reports that self-adhesive postage stamps and related self adhesive labels are clogging recycling equipment and reducing paper quality. Major players including 3M Boise Cascade Weyerhauser International Paper and the U S Postal Service are researching an environmentally benign adhesive while recyclers adapt. Stamp sales have surged since their 1991 introduction with 32 billion projected this year, yet the glue complicates disposal and increases costs for recyclers like Frank Sciacca and Paper Re gath International's Barbara Coleman.
MENTIONED IN THIS ARTICLE
Postal Service
Washington
Frank Sciacca
Hyattsville
Boise Cascade
Weyerhauser
International Paper
U.S. Postal Service
Vay Zichl
Post Office
Gath International
Norcross
Moete
Coleman
NASA Pathfinder nears sun to guide Mars mission
Sun sensors on the Pathfinder spacecraft have been adjusted to improve orientation for its 310 million mile journey to Mars. Four of five sensors operate fully as software fixes alter readings from sensor No 5 and spin rate is slowed to one rev every 30 seconds. Pathfinder remains 1.3 million miles from Earth traveling at 7124 mph en route to Mars with a rover deployment planned for July 4, 1997 and a January 4 trajectory correction to aim more precisely toward Mars.
MENTIONED IN THIS ARTICLE
Los Angeles
Mars
NASA
Pathfinder
Brian Muirhead
Jet Propulsion Laboratory
Pasadena
Muirhead
Earth
Also Mentioned on This Page
Neiman Marcus
Barry Kieselstein
Visa MasterCard
Jenntech
Jewelers
West Wall
Midland
KRT News Service
Zichl
American Forest and Paper Association
Sciacca
Barbara Coleman
Paper Re
Episcopal Bookstore
Tanglewood
Home Nursing’s Department Store
Hospital
W. 16Th & W. County Rd
Odessa
Barbara
Dudos
E. University
Garland
Sugg
Music City Mall
Frye
W. County Rd
North Grant Odessa
Southwestern Bell Mobile Systems
Cellular City
N. Grandview
Texas
Ector County Coliseum
42Nd & Andrews Highway
Oliday
P.O
Fredericksburg
Ktc
Perfect Street
Perfectstreet