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Luxury designer retailers and fashion houses have taken most of the worst blows, with some, such as Bill Blass, Fortunoff, Christian Lacroix and IT Holding SpA (which owns the Gianfranco Ferre label) either filing for bankruptcy protection or liquidating their assets. Several more, such as Prada, Bulgari, Mariella Burani and Valentino Fashion Group, are treading water under a tidal wave of debt...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

...report is the merchants' latest push to pressure the Federal Government into passing legislation aimed at either lowering interchange fees or at least allowing merchants to negotiate the rate directly with banks and credit-card networks. (Read "The Real Problem with Credit Cards: The Cardholders...

Author: /time Magazine | Title: Retailers Ready for Fight on Credit-Card Fees | 9/17/2009 | See Source »

...think it’s an instrument of peace.THC: You graduated from Harvard in 1967, with a B.A. in English. What did you imagine yourself doing at the time? What most surprises you when you look back on your trajectory?TK: I wanted to be a writer—either Ernest Hemingway or F. Scott Fitzgerald, but I made a pretty stupid mistake and went into the army and into Vietnam. Fortunately it didn’t turn out too badly for me. The way it turned out, it surprises me that it’s worked and that...

Author: By Sophie O. Duvernoy, CRIMSON STAFF WRITER | Title: SPOTLIGHT: Tracy Kidder '67 | 9/17/2009 | See Source »

...toys either on themselves or a partner...

Author: By Esther I. Yi | Title: Sext Me Later | 9/17/2009 | See Source »

...Socialism." If you get your information from liberal sources, the crowd numbered about 70,000, many of them greedy racists. If you get your information from conservative sources, the crowd was hundreds of thousands strong, perhaps as many as a million, and the tenor was peaceful and patriotic. Either way, you may not be inclined to believe what we say about numbers, according to a recent poll that found record-low levels of public trust of the mainstream media. (See pictures from the protest...

Author: /time Magazine | Title: Mad Man: Is Glenn Beck Bad for America? | 9/17/2009 | See Source »

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