Dressed in his usual battle gear (a custom-made suit), Del Vecchio coolly greeted his guest.
Vecchio looks for the dollar index to fall back to the 77 to 76 area.
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Even executives refer to their boss as "Signore Del Vecchio"--as much out of fear as adoration.
With that turnaround Del Vecchio may have finally won the respect of his father.
In 1990 Mr Del Vecchio listed his firm on the New York Stock Exchange.
But in this instance, the RBI felt that it could not do so because of inflation, Vecchio said.
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"You can't compete with imports when the cost is higher and the quality is lower, " said Mr. Del Vecchio.
Del Vecchio defends Ranger Bear as a vehicle useful for hedging against bullish portfolios of stocks and junk bonds.
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With that Del Vecchio may have finally won the respect of his father.
Del Vecchio isn't banking just on prescription glasses, not with so many people opting for contact lenses or corrective surgery.
Del Vecchio immediately pulled it from 13, 000 locations in the U.S., distributing it exclusively through sunglasses retailers and department stores.
Del Vecchio isn't just banking on prescription glasses, not with so many folks opting for contact lenses and corrective surgery.
He would simply build an overground passageway above one side of the Ponte Vecchio, reaching from the Palazzo Pitti to the Uffizi offices.
"Iam a very exacting manager who demands that my executives run their groups efficiently and hit my targets, " says Del Vecchio.
Under Mr. Del Vecchio's supervision as CEO and chairman, Brooks Brothers purchased an additional factory, called Southwick Clothing, in Haverhill, Mass.
"I am a very exacting manager who demands my executives run their groups efficiently and meet my targets, " says Del Vecchio.
Del Vecchio calculates that the intrinsic growth in revenue for the December quarter (from the previous December) was a mere 7%.
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When Claudio Del Vecchio moved to New York from Agordo, Italy in 1982, he didn't understand English or the U.S. eyewear market.
When Claudio Del Vecchio moved to New York from Agordo, Italy, in 1982, he understood neither English nor the U.S. eyewear market.
Founder and chairman Leonardo Del Vecchio has controlled 66% of the shares.
Dress up for the Sky Lounge bar, which perches on the roof of the medieval Consorti Tower, overlooking the Ponte Vecchio to the Tuscan hills.
The problem with Ethan Allen, according to Del Vecchio, is the furniture company's practice of importing more of its inventory from contractors in Asia.
It was significant that the Spanish government last week announced austerity measures that exceeded what would have been expected for a bailout, Vecchio said.
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Canarelli, whose father, Toussaint, owns the famous Grand Hotel de Cala Rossa in Porto Vecchio, inherited this estate from his grandfather ten years ago.
In the 1940s, Mussolini had the windows in the centre of corridor (the section that lies over the Ponte Vecchio) widened to impress his guest, Adolf Hitler.
Rare among European cities, Brescia has two cathedrals, the Duomo Vecchio (Old Cathedral) and Duomo Nuovo (New Cathedral), built next to one another.
The Italian billionaire Leonardo Del Vecchio usually gets what he wants.
Del Vecchio, 66, told Oakley's founder that he wasn't interested in carrying a line that, though it accounted for a fourth of sales, made little money.
"Successful people like Gates take advantage of opportunities because they're ready for them, " says Carol Vecchio, founder of the Seattle-based Centerpoint Institute for Life and Career Renewal.
Since the firm was founded by Leonardo Del Vecchio in 1961 in Belluno, a province in the north of Italy, it has thrived through mainly American takeovers.
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