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BUSINESS
October 22, 1999 | From Times Wire Services
Coca-Cola Co. said Thursday that its profit fell 11% in the third quarter because of slow sales in Eastern Europe, Turkey and Russia and a recall in Europe. Net earnings dropped to $787 million, or 32 cents a share, from $888 million, or 36 cents a share, a year earlier--the fourth consecutive decline in quarterly earnings. The year-ago figure included 1 cent per share in one-time gains. Total sales grew 9.4% to $5.2 billion in the quarter.
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BUSINESS
October 22, 1999 | From Times Wire Services
Coca-Cola Co. said Thursday that its profit fell 11% in the third quarter because of slow sales in Eastern Europe, Turkey and Russia and a recall in Europe. Net earnings dropped to $787 million, or 32 cents a share, from $888 million, or 36 cents a share, a year earlier--the fourth consecutive decline in quarterly earnings. The year-ago figure included 1 cent per share in one-time gains. Total sales grew 9.4% to $5.2 billion in the quarter.
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ENTERTAINMENT
September 5, 1988 | ROBERT HILBURN, Times Pop Music Critic
Tolling for the searching ones on their speechless searching trail For the lonesome-hearted lovers with too personal a tale An' for each unharmful gentle soul misplaced inside a jail An' we gazed upon the chimes of freedom flashing. --Bob Dylan's "Chimes of Freedom" Dylan's "Blowin' in the Wind" was a bigger hit in the '60s, but his "Chimes of Freedom" stands as an even more impassioned, underdog outcry of social idealism.
BUSINESS
September 16, 1993 | ANNE MICHAUD, TIMES STAFF WRITER
Reebok International Ltd., in announcing the shift of its $140-million advertising budget, said it has hired an Irvine agency to target the Spanish-speaking market for the first time. The nation's No. 2 maker of athletic shoes said this week it has hired Casanova, Pendrill Publicidad, an Irvine agency that is among the top three in the nation in its specialty. Competitors Nike and Spaulding also have new ad campaigns that target Spanish speakers.
BUSINESS
September 16, 1993 | ANNE MICHAUD, TIMES STAFF WRITER
Reebok International Ltd., in announcing the shift of its $140-million advertising budget, said it has hired an Irvine agency to target the Spanish-speaking market for the first time. The nation's No. 2 maker of athletic shoes said this week it has hired Casanova, Pendrill Publicidad, an Irvine agency that is among the top three in the nation in its specialty. Competitors Nike and Spaulding also have new ad campaigns that target Spanish speakers.
BUSINESS
July 13, 1990 | ANNE MICHAUD, TIMES STAFF WRITER
Athletic shoemaker ASICS Tiger Inc. wants to deflate "The Pump" with some hard-sell tactics and a little gel. The Fountain Valley-based distributor of ASICS Tiger shoes is launching a television advertising campaign next week poking fun at what it calls "gimmicky" basketball shoes. The company's ads will particularly target basketball shoes made by Reebok International Ltd. and Nike Inc. that feature tiny air pumps that inflate the shoe for better foot support.
BUSINESS
June 30, 1992 | BRUCE HOROVITZ
Psst. Wanna buy a pair of never-before-worn Reebok TV commercials? Reebok has no use for them. One spot features the shoemaker's highly publicized "Dan & Dave" decathlon duo cutting each other off on the track--then angling for camera time. The other ad features quick cuts of the athletes training for what was supposed to be their showdown in the grueling decathlon in the Summer Olympics in Barcelona. But reality got in the way. When Dan O'Brien flopped during the pole vault portion of the U.S.
BUSINESS
July 16, 1990 | From Times Wire Services
French businessman Bernard Tapie disclosed today that he will pay $290 million for an 80% stake in the West German manufacturer Adidas AG and receive financing from eight French, German and Japanese banks. Tapie, a soccer team owner and Socialist member of Parliament, had announced plans to take over the sportings goods company July 7 in Rome, the day before the finals of the World Cup. But he had refused to disclose details of the transaction.
SPORTS
November 5, 1990
The Supreme Court today refused to revive a lawsuit stemming from the cocaine-induced death of Len Bias in 1986. The justices, without comment, let stand rulings that the suit should not go to trial or reach a jury. Bias, an All-American player for Maryland, was selected by the Boston Celtics as the second pick overall in 1986 NBA draft. Two days later, Bias died as a result of cocaine intoxication. James Bias sued his son's agent and financial adviser, Advantage International Inc. and A.
SPORTS
July 29, 1988
Victor Kiam II, the businessman who became famous as a commercial spokesman for the electric shaver company that he owns, agreed Thursday to buy controlling interest in the New England Patriots. Under terms of the agreement, Patriot founder Billy Sullivan will remain club president and a minority shareholder, and his son, General Manager Patrick Sullivan, will retain his position. Sullivan Stadium, the insolvent home of the Patriots in Foxboro, Mass., was not included in the deal.
BUSINESS
June 30, 1992 | BRUCE HOROVITZ
Psst. Wanna buy a pair of never-before-worn Reebok TV commercials? Reebok has no use for them. One spot features the shoemaker's highly publicized "Dan & Dave" decathlon duo cutting each other off on the track--then angling for camera time. The other ad features quick cuts of the athletes training for what was supposed to be their showdown in the grueling decathlon in the Summer Olympics in Barcelona. But reality got in the way. When Dan O'Brien flopped during the pole vault portion of the U.S.
BUSINESS
July 13, 1990 | ANNE MICHAUD, TIMES STAFF WRITER
Athletic shoemaker ASICS Tiger Inc. wants to deflate "The Pump" with some hard-sell tactics and a little gel. The Fountain Valley-based distributor of ASICS Tiger shoes is launching a television advertising campaign next week poking fun at what it calls "gimmicky" basketball shoes. The company's ads will particularly target basketball shoes made by Reebok International Ltd. and Nike Inc. that feature tiny air pumps that inflate the shoe for better foot support.
ENTERTAINMENT
September 5, 1988 | ROBERT HILBURN, Times Pop Music Critic
Tolling for the searching ones on their speechless searching trail For the lonesome-hearted lovers with too personal a tale An' for each unharmful gentle soul misplaced inside a jail An' we gazed upon the chimes of freedom flashing. --Bob Dylan's "Chimes of Freedom" Dylan's "Blowin' in the Wind" was a bigger hit in the '60s, but his "Chimes of Freedom" stands as an even more impassioned, underdog outcry of social idealism.
NEWS
June 13, 1995 | STEVE PEARLSTEIN, THE WASHINGTON POST
The typical American owns two or three pairs of athletic shoes, which range in price from a $20 pair of old-fashioned sneakers at a discount store to $135 for top-of-the-line basketball shoes. One big seller has been Nike's Air Pegasus, which, like nearly all athletic shoes, is manufactured by suppliers in Asia. This accounting is based on a sale at an outlet of a large national retailer. (BEGIN TEXT OF INFOBOX / INFOGRAPHIC) Cost to Nike: Materials............................$9.00 Duties.......
BUSINESS
January 7, 1991 | From United Press International
Athletic Shoe Firms File Suit Over Knockoffs: The makers of Reebok, Converse and Vans shoes filed separate suits against distributors that are allegedly wholesaling illegal knockoffs of the popular footwear lines. The suits maintain that McAllen, Tex.-based Ridgewood Investments, Chatex International and Cosmo Trading Corp. are selling the sport shoes in Los Angeles, among other places. Reebok International, Converse Inc. and Van Doren Rubber Co.
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