Word: fashionization
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...Sure, discount stores tend to withstand downturns. But since the slowdown began, two of Primark's competitors - MK One and Select - have been restructured under creditor-appointed managers. What makes Primark different - and keeps customers interested - is a keen eye for fashion trends worthy of a more expensive retailer. Devotees call the store Primani or Pradamark in honor of its acute fashion sense. And hot styles are delivered with commendable speed. New products can take as little as six weeks to hit the hangers. Primark has bridged "the gap between sheer value and fast fashion," says Robert Clark of London...
...while the war has begun to seem like far-off history, the city's spiritual renewal is happening every day. There are now hundreds of women dressed like Husic and her friends in Sarajevo, where such styles had long since yielded to Western fashion. Last year Sarajevo's city council launched an option of religious education for children in kindergarten; so far only Islam is on offer. The city's mosques are packed, including the huge King Fahd Mosque and cultural center, which Saudi Arabia built in 2000 - at a cost of about $12 million - and still maintains...
...Latvians ... go blonde. Saddled with a troubled economy that is expected to shrink as much as 18% this year, the former Soviet nation enlisted the help of more than 500 towheaded beauties to lead a "Go Blonde" weekend on May 30-31. The feel-good extravaganza included sporting events, fashion shows and a parade through the capital, Riga, where rioting erupted in February over rising unemployment...
June 8 General Motors will be delisted from the Dow Jones industrial average. GM shares then trade, in a limited fashion, on the Pink Sheets, an electronic over-the-counter system for companies that don't meet major exchange listing standards...
...less than the price of a fine pair of bedsheets) could get you thrown into a Dickensian debtors' prison. Amid the financial turmoil that followed the Revolutionary War, however, delegates to the Constitutional Convention predicted the nation might need laws that would facilitate going belly-up in an orderly fashion. The first federal bankruptcy law, which drew on English statutes, was signed in 1800 and redounded to the benefit of at least one delegate: Robert Morris of Pennsylvania, who wound up $3 million in the hole after opening his purse to Washington's army and spent three years locked...