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The Poaching Game |
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Observers praise retail-training programs for producing the most well-rounded senior executives. Terre Simpson, president of Simpson Associates, an executive search firm here, pointed out that retailers who have joined companies such as Liz Claiborne, which she called “the best-run firm in the fashion industry,” have met with a lot of success. “There’s much more money to be made in manufacturing than their counterpart in retailing,” said Simpson. “But in terms of expectations and how it’s run, the training programs and the standards, they’re not at the same level. What attracts retailers to manufacturing is that the environment is more free wheeling and the financial potential is usually greater.” One of the biggest problems facing the apparel industry is that it isn’t attracting a lot of talent, particularly from college graduates and business schools. |
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