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...prevalent in so many different industries that it may manifest itself in a multitude of ways, from the obvious opulence of a private jet to the sleek discretion of a minimal-style four-star restaurant. Some notions of luxury--the androgynous look of a guy in a fur coat, for example--may seem pretty far out initially, but the high-end market wields a lot of influence on the mass market, and many ideas eventually trickle down to the mainstream. In this special issue of TIME, we explore the changing perception of luxury through the eyes of those who define...

Author: /time Magazine | Title: Hey, Big Spenders | 9/14/2004 | See Source »

...jewelry company Harry Winston. "You see so much heavy-duty cashmere and fur in the stores. It hasn't been like this since the 1980s." Indeed, the fall collections are among the most extravagant in recent history, with fur trim and crystal beading showing up on every tweed coat and charmeuse evening dress. Thanks to the weak dollar against the euro, prices for these clothes are up a whopping 20%, but so are sales. Houses like Hermes, Louis Vuitton, Christian Dior and Gucci have all reported double-digit increases in the second quarter...

Author: /time Magazine | Title: Luxury Fever | 9/14/2004 | See Source »

...head upstairs to buy a Libertine shirt for Gela's husband, Duran Duran bassist John Taylor. I spot a houndstooth coat with horse prints that I think would look particularly good while performing Wild Boys. The guy working at the store thinks it's too small for Taylor, so Gela passes on it. She does, however, compliment my eye--the first time that has ever happened when I wasn't playing softball...

Author: /time Magazine | Title: The Joy of Spending | 9/14/2004 | See Source »

...warn Gela to check the price on the coat, given that the shirt was $450. After buying it, she says, "I forgot to ask how much it is." She starts to redial, and seeing the sad look in her eyes, I tell her she doesn't have to. "Good," she says, hanging up. "It feels so uncool...

Author: /time Magazine | Title: The Joy of Spending | 9/14/2004 | See Source »

...best interest of the child to change the custody arrangement," she says. "But the truth is, often it's because joint custody is driving these parents crazy. I've had people consult me because they fight over whether their child wears a spring coat or a winter coat--and I'm not kidding...

Author: /time Magazine | Title: Joint Custody Blues | 8/30/2004 | See Source »

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