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This reticence may be part of the reason no Japanese designer has been named to take over any of the great Paris fashion houses. Admits Gucci's De Sole: "We look at people who are most successful in the market." LVMH chairman Bernard Arnault says of the Japanese, "They are further out. It's easier to get in touch with a Dutch designer or a British designer or even a New York designer when you are in Paris." Arnault did include Kenzo Takada in his group until Takada's retirement last year - when Frenchman Gilles Rosier took the helm...
...Bernard Baumohl: It was a real surprise. But the numbers reflect the resilience of consumers, who despite the gloomy economic outlook this spring continue to purchase cars and homes without skipping a beat. And it shows how dependent this economy is on those consumers...
...TIME.com Q&A, TIME senior economics reporter Bernard Baumohl takes a look at Friday's two major reports - the GDP and the University of Michigan month's-end consumer sentiment survey - and wonders how the two disparate trends intersect...
...Bernard Baumohl: It certainly reinforces the University of Michigan consumer sentiment numbers from last week. The major surveys are moving parallel to one another - and both are going down...
Lucy White’s work will be at the Bernard Toale Gallery through April 28. Call ( 617) 482-2477 or visit www.bernardtoalegallery.com for directions and further information...