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...Bosporus Strait, stretches three stories down the stairs toward the street. On a recent Sunday, Defne Kocabiyikoglu, 28, a design consultant, and her boyfriend, Baran Baran, 30, a motion-graphics animator, were settling into a Turkish brunch of kasar cheese and sesame-sprinkled simit pastries and expounding on the fashion constraints of the city. While Kocabiyikoglu can get any clothes she wants?favoring fashion-forward labels like Roksanda Ilincic and Tina Kalivas, which she buys online and mixes with local finds, she points to her Chanel ballerina pumps and adds wistfully, "I'd love to wear higher heels...

Author: /time Magazine | Title: Bosporus Boom | 12/6/2006 | See Source »

...those with a taste for history, it should be no surprise that a young style maven like Kocabiyikoglu?who surfs style.com daily and currently has her heart set on a Christopher Kane minidress?is open to fashion forces from the wider world. After all, the city once known as Constantinople has been on trade routes since Byzantium. But Istanbul has experienced years of economic uncertainty, including Turkey's financial collapse in 2001, which analysts equate in severity to the U.S.'s Wall Street Crash of 1929. Fortunately, by 2005, inflation was brought into line and the Turkish currency?the lira?...

Author: /time Magazine | Title: Bosporus Boom | 12/6/2006 | See Source »

When Fendi's Burke caught a plane to Istanbul last June just to take in the scene, he started in Nisantasi?known as the Beverly Hills of the city?checking out the fashion group Beymen's premier store. Most of the Fendi bags were sold out or back-ordered on waiting lists. Next, he headed to Kanyon, an architecturally splendid new development comprising living, working and shopping areas with sweeping, cantilevered elevations, broad thoroughfares and intriguing side streets...

Author: /time Magazine | Title: Bosporus Boom | 12/6/2006 | See Source »

...have to admit I was expecting a mystical city where my fiancé might have to cover up," says Brian Handley, the general manager of Harvey Nichols, who moved to Istanbul from Britain five months ago. "but the nightlife is incredible, and there's such a desire for fashion. They really push the boundaries and know all the Western brands. There's so much wealth, yet this is seriously undersaturated as a market...

Author: /time Magazine | Title: Bosporus Boom | 12/6/2006 | See Source »

...return to Turkey because, she says, "I felt it was pointless to be Turkish if I was going to miss out on Istanbul again becoming a city of the world. Many things are beginning here, whereas in London it is all very developed." Her dream is to open a fashion boutique with her sister Basak, who is currently an assistant buyer at the London specialty store Browns...

Author: /time Magazine | Title: Bosporus Boom | 12/6/2006 | See Source »

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