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Word: auction (lookup in dictionary) (lookup stats)
Dates: during 2000-2009
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WHAT'S BEING BOUGHT AND SOLD? The most popular consumer goods on eBay are designer handbags, shoes and accessories, and high-end crystal, furniture, art and electronics. There are other auction sites too. Amazon has a cooperative marketplace with a store-within-a-store concept, like a Louis Vuitton boutique in Bloomingdale's. Google just launched Base, which brings buyers and sellers together through advertising. Then there are niche players like [my company] portero.com for luxury goods...

Author: /time Magazine | Title: Daniel Nissanoff | 3/8/2006 | See Source »

WHAT ABOUT FRAUD? Kate Spade has hired 13 law-school students to sit in front of a computer all day scouring for fakes. When they find one, they shut down the auction with the push of a button. Also, drop shops add a layer of accountability because now there's a real business you can look to if what you get is not what you ordered. You're no longer dealing with a stranger on the other...

Author: /time Magazine | Title: Daniel Nissanoff | 3/8/2006 | See Source »

...WILL AUCTION CULTURE AFFECT THE LUXURY INDUSTRY? People are going to reach because they recognize that buying better brands is going to be a better value. For example, if you buy a new Bugaboo stroller for $750 and use it for two years, you can resell it on eBay for $550, and your net costs will be less than if you had bought a new $250 stroller and thrown it away. And your child will be much happier. The brands that are going to be hurt by this culture are those in the middle because they won't retain significant...

Author: /time Magazine | Title: Daniel Nissanoff | 3/8/2006 | See Source »

With a couple extra dollar bills in their pocket and love in the air, more than 850 students came to Friday’s Pub Night in Loker Commons, hoping to buy both a date and a beer. Friday’s pub night was preceded by a date auction hosted by the Harvard Cancer Society (HCS). Apart from enjoying the entertainment and company, the attendees also enjoyed Pinocchio’s pizza, beer, wine, and other beverages at cost, but partook of pretzels and other small crunchy snacks for free while enjoying the music of Orange Crush.Many students were...

Author: By Doris A. Hernandez, CRIMSON STAFF WRITER | Title: Pub Night Date Auction Raises Funds for Harvard Cancer Society | 2/13/2006 | See Source »

...Hockney has always managed to take his art down enough new paths--double portraits, photocollages, Cubist landscapes--to keep himself, if not always cutting edge, then at least fresh and relevant. He's in the small club of living artists whose work has fetched more than $2 million at auction ($2,869,500 in 2002 for his 1966 Portrait of Nick Wilder). His devotion to representational art has sometimes made him seem out of step, sometimes in. Two years ago, he was one of just a handful of artists of his generation to be included in the Whitney Biennial...

Author: /time Magazine | Title: Twilight of the Bad Boy | 2/12/2006 | See Source »

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