Word: bazaar
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Dates: during 1990-1999
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...electric utilities to provide an array of telecommunications services, lift longtime limits on how many TV and radio stations one company may own, and remove an 83-year-old restriction on foreign ownership of telcom companies. If a similar House proposal passes, the result could be a free market bazaar that would -- asbill author Sen. Larry Pressler(R-S.D.) predicted today -- "result inlower telephone rates, lower cable rates and more servicesto the American public." But a leading opponent, Sen. Bob Kerrey (D-Neb.), warned that such swift and massive deregulation would only strengthen telecommunications giants.TIME's Suneel Ratansays...
...Harper's Bazaar has no explicit policy about whether its employees may receive free clothes. Conda Nast, which publishes Vogue, Mademoiselle, GQ and other glossy mags, prohibits its employees from accepting "expensive" gifts, but no dollar amount is specified. Such vague guidelines are easily gotten around by junior staff members with no clothing allowance. "You can always borrow as much as you want," explains a magazine insider. Meaning: the designer still gets to receive the editor's imprimatur, while the editor still gets to look terrific on a shoestring budget...
Some of the newer business arrangements are especially troubling. At Harper's Bazaar, creative director Fabien Baron is also the owner of Baron & Baron, a design agency whose clients include Calvin Klein and Hugo Boss. Though his role at Bazaar is an influential one, Baron is technically a freelancer. This allows him to take on outside work, and his well-known arrangement raises few eyebrows. "I have no problem with this," says his boss, Tilberis. "Why is it a problem? Fabien Baron has nothing to do with placing ads or choosing the clothes that go in the magazine...
...Gucci and Anne Klein were some of its clients. "Mirabella had no problem with my running a business," says Shahid. "They liked it-because I had connections to important advertisers." Says June Weir, who has worked as fashion editor of Women's Wear Daily and executive fashion editor of Bazaar: "I think it's a definite conflict of interest when someone owns a business and is also on staff...
...says he was never paid for this work. Brana Wolf, a contributor at Vogue, has worked for Calvin Klein. Though she is not on staff, she exerts an influence: her name appeared on at least one major fashion story in 11 of the past 12 issues. At Harper's Bazaar, fashion director Tonne Goodman, who has worked for Calvin Klein, still does occasional styling for her old boss...