Word: fashionization
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Stores have to figure out how to tap into this recalibrated value system--one based on caution rather than the branded excess of Christmas past. "The American consumer is trading downward in the most dramatic fashion ever seen," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail-consulting firm. What's more, the thrift mind-set has seeped into all income levels. Saks Fifth Avenue, for instance, had a 16.6% drop in sales in October. "Saving is cool right now," says Candace Corlett, president of WSL. "Conspicuous consumption is out, and people have lost their passion to buy." (See pictures...
...Herin ’09 proposed to fellow senior Alice Chi ’09 on Saturday Nov. 8 with a series of romantic displays that make Prince Charming look like…well, most college boys. O’Herin began in fairy tale fashion with hand delivered poems and roses, followed by a romantic stroll along the Charles, where he popped the question to an unsuspecting Chi. Afterwards, he cleared out his dorm-room for a romantic dinner. HUDS did not make an appearance. Chi realizes that her engagement is a bit untraditional at an age when commitment...
...entire week, the Mac Quad, home of frisbee and IM sports, has been dominated by a large, white event tent. It is to house the second annual Project East fashion show, hypothetically keeping attendees safe from the New England elements. Yet bad news arrives on Saturday night when the National Weather Service announces a flood watch for Cambridge. By the time doors open for the show the lawn is becoming a muddy mess. The tent can’t prevent the water from soaking the ground, and audience members find themselves walking through mire that sucks their shoes down. Kristin...
...1990s, Cuban co-founded the company that would become Broadcast.com, which started as a web site to access live sports games online. The company went on to broadcast other content - including Bill Clinton's testimony in the Monica Lewinsky affair and a Victoria's Secret fashion show. Cuban and his partner took Broadcast.com public and sold it to Yahoo! in 1999 for $5.7 billion in stock...
...knife or an execution in a remote place, with the corpse buried in the sand dunes south of Tel Aviv. But today, assassins open fire in crowded cafés or set off explosives. Alperon prefered to use the simpler kinds of violence; he was destroyed by the new fashion...