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...This chain reaction plainly demonstrated the increasingly prominent place China now occupies in the minds of global investors. Its extraordinary economic rise has been a key reason for soaring demand for everything from copper to oil to cars, much to the benefit of multinational and Chinese companies alike. But while investors are right about China's economic importance to the world, they're clearly still confused about how to interpret a decline in Chinese stocks. There's little question that the reaction to China's market swoon was overwrought, and that this is not a replay of 1997. Rarely...

Author: /time Magazine | Title: Behind China's Stock Meltdown | 2/28/2007 | See Source »

...French artist. Depending on how you think about it, those disks can look like sequins or coins. Either way, for a department store, that's an apt association. But Kaplicky, a soft-spoken man with a very sober disposition, likes to cite another, very unsober inspiration, a Paco Rabanne "chain-link" dress from the 1960s. Disco fashion as the point of departure for a sizable building? Take that, Ludwig Mies van der Rohe...

Author: /time Magazine | Title: Thinking Way Out of the Box | 2/27/2007 | See Source »

...Bill understands production and supply-chain issues," says Patti Freeman Evans, senior analyst for the retail industry at Jupiter-Research. "He is well able to evaluate not only the sales potential but also the financial ramifications of potentially lowering his margins in order to be price competitive...

Author: /time Magazine | Title: Fair-Trade Fashion | 2/27/2007 | See Source »

This property comes courtesy of Firmdale Hotels, the boutique chain that was founded in 1985 by husband-and-wife team Tim and Kit Kemp (other London properties in the group include the Soho Hotel and the Charlotte Street, favorites of celebs like Giorgio Armani, Glenn Close and Jennifer Lopez). The Haymarket, which was designed in the 19th century by architect John Nash, will have 55 rooms and suites, all individually decorated by Kit Kemp in a fresh, modern yet traditional English style. The lobby will feature artwork by Tony Cragg and John Virtue. The Brumus Bar and Restaurant will serve...

Author: /time Magazine | Title: TRAVEL: London Lodging | 2/27/2007 | See Source »

...ethics behind a product. Jolie, in her everyday life, is spotted carrying Whole Foods bags as often as a Louis Vuitton bag. Cameron Diaz and Leonardo DiCaprio drive Priuses. Labels like People Tree, Edun and Rogan are favored by the likes of Sienna Miller. And the hip British chain Topshop has appointed its first buyer to source ethically made clothing. As Salzman and Matathia point out, "Shopping with a conscience is now cool...

Author: /time Magazine | Title: Clean Sweep | 2/27/2007 | See Source »

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