Word: cachet
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...kept his position as a beloved clothier of urbane working women, all the while forging a lucrative star status at the mall with his CK, fragrance and underwear divisions. With the launch of his jeans line in 1978, he became one of the first designers to put Vogue-world cachet within reach of ordinary consumers. In the process he helped strip fashion of its elitism; now countless designers offer lower-end lines...
Experienced auctiongoers understood that the estimated sales prices in the Sotheby's catalog reflected an assessor's evaluation of fair market value, i.e., what an object would bring if it did not possess the added cachet of having belonged to someone famous. For things owned by Jackie, fair market value was obviously, at least to those familiar with the occult workings of renown, just the starting point. The tension and electricity in the auction room hummed around the question: How high the markup...
American football enjoys all the cachet in Britain that soccer does here. But not for long, if William ("the Refrigerator") Perry can help it. He's playing for the London Monarchs and doing promotional appearances for the World League. It's fair to say the 340-lb. Perry is still very big in England. An ad in the British papers reads, "Any refrigerator can store mincemeat. This one makes...
...trade in crack cocaine also appears to have changed. Perhaps it has lost its cachet. "As with any drug epidemic, the attractiveness of the drug begins to wear off, partly because users see so many of their friends dead," says James Q. Wilson, the UCLA professor who is one of the nation's most prominent thinkers on crime. That's important, because crack was the great impetus to crime in the late 1980s as brash new dealers muscled in. Another theory is that the trade has simply stabilized into a "mature market," as they say in the business schools, with...
FERGIE, SKY, NO DIAMONDS Jewelry heists haven't the cachet they once had. When the Duchess of York, SARAH FERGUSON, lost a diamond necklace and bracelet somewhere between J.F.K. and Heathrow airports, the FBI and British Airways tracked them down to a shed belonging to Gilbert Terrero, a J.F.K. baggage handler who is possibly in need of a subscription to PEOPLE. The Terrero family claims Gilbert, who was arrested, found the gems and didn't know whose they were. Opined sister Wanda: "I wore nicer jewelry for my Sweet...