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TIME: Almanac 1995
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<text id=89TT2414>
<title>
Sep. 18, 1989: Business Notes:East-West Trade
</title>
<history>
TIME--The Weekly Newsmagazine--1989
Sep. 18, 1989 Torching The Amazon
</history>
<article>
<source>Time Magazine</source>
<hdr>
BUSINESS, Page 65
Business Notes
EAST-WEST TRADE
Coffee, Tea Or Vodka?
</hdr><body>
<p> The hottest buzz word on Madison Avenue is fast becoming
perestroika. The latest sign of Soviet chic: Moscow unveiled an
ad campaign last week to lure U.S. business travelers onto
Aeroflot, the national airline. Created by Miami's Kelley
Swofford Inc., the ads tempt Americans with "perestroika perks"
ranging from complimentary nights in a Moscow hotel to a free
Mont Blanc pen "to sign your deal with the Russians."
</p>
<p> Americans who stay at home can sample the fruits of Soviet
industry at trendy stores like New York City's Bloomingdale's,
which in August opened a Perestroika Shop. Back-to-school
shoppers could choose last week from Soviet items that included
watches, sunglasses and Red Star-emblazoned sweat shirts. The
department store company is now negotiating to open one or two
small Bloomingdale's shops in Moscow next spring. Not to be
outdone, Nathan's Famous, a New York-based fast-food chain, last
week shipped a 40-ft. mobile restaurant to Moscow, where it will
open Sept. 25 in Red Square.
</p>
</body></article>
</text>