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...squirmed with worry and her husband occasionally shook his head in disbelief, Jenn Ripley has proved with her Atlanta-based store, Luxe, that you can profit from doing what large retailers like Loehmann's do: sell clothing from such designers as Gucci, Marc Jacobs and Stella McCartney at a discount...

Author: /time Magazine | Title: Style: Retail Therapy | 8/23/2004 | See Source »

After dropping out of the Fashion Institute of Technology, Ripley decided to make a go of overstocked couture at a discount. She got her father to co-sign a 30-day, $30,000 note, which she used to buy 300 chic but so-last-season pieces. Then she resold them on eBay at a 225% profit...

Author: /time Magazine | Title: Style: Retail Therapy | 8/23/2004 | See Source »

Singapore threw its weight behind the nascent Asian low-budget airline industry last month when it approved a new terminal at Changi Airport dedicated to discount carriers. There will be no bells and whistles: travelers will have to walk across the tarmac to board planes after the $26 million terminal opens in 2006. Low-fare carriers have been promised savings of about 20% on terminal-related costs. So far only Tiger Airways has signed on, but authorities hope the terminal will handle about 2.7 million passengers a year. Singapore, however, will face competition from neighboring Malaysia, which is finalizing plans...

Author: /time Magazine | Title: World Briefing: Aug 23, 2004 | 8/23/2004 | See Source »

...companies and private health plans to play a larger role in the new program. The new benefit, which will take effect in 2006, is projected to cover around 75 percent of drug costs up to $2,250 a year. This spring, as part of the new law, Medicare drug discount cards were already made widely available...

Author: By Margaret W. Ho, CRIMSON STAFF WRITER | Title: Poll: Many Disfavor Medicare Law | 8/20/2004 | See Source »

...survey found that seniors on Medicare were not particularly supportive of the drug discount cards, with a little over half saying that the cards were confusing and didn’t sufficiently reduce drug costs. But 34 percent said the cards were “worthwhile because they give people on Medicare immediate help before the full prescription drug benefit is available in 2006, and they provide another way to cut drug costs...

Author: By Margaret W. Ho, CRIMSON STAFF WRITER | Title: Poll: Many Disfavor Medicare Law | 8/20/2004 | See Source »

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