Business Report: The Coming Storm

If they aren't already, U.S. managers may soon be steering through the ugly waters of the global economic slowdown. How can they prepare?

Take a good look at George Feldenkreis, entrepreneur, and you can see the curiously split personality of the American economy as it wobbles toward the end of its seven-year boom.

On the one hand, Feldenkreis owns a splendid company in Miami called Supreme International, a leading supplier of men's and boys' casual sportswear to such stores as Macy's, Sears and Target. Supreme has lived up to its name in the 1990s: revenues have increased more than tenfold, to an estimated $220 million this year. The company has been on an acquisition binge. Even better, Supreme continues to roll merrily along as...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!