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...fashion deliver more than the momentary adrenaline rush that comes with scoring the "it" handbag? Can it make a lasting impression? Designers are under such intense pressure these days to produce commercial merchandise or sign their names to fast-fashion emporiums like H&M and Target that they seem to have forgotten about one of fashion's vital mandates: fantasy...

Author: /time Magazine | Title: Fashion: Dreaming of Cherry Blossoms | 1/26/2007 | See Source »

Those consumers have been gorging themselves at the so-called fast-fashion boutiques, such as H&M, Zara and Mexx. These stores have figured out how to cut the clothing cycle down from six months to six weeks, so their racks are constantly replenished with fresh styles still wet from the runway. Gap, on the other hand, with its huge operations and slower reaction times, has been forced into the riskier business of guessing up front how a season's trends will play out (skinny jeans? newsboy caps?) and making huge bets on a few ideas...

Author: /time Magazine | Title: Khakis Get the Blues | 1/26/2007 | See Source »

...guesses could quickly usher in a Gap metamorphosis. "If they hit a trend with innovation, Gap has a lot at their disposal," says David Sievers, a principal at Archstone Consulting. Of course, to make that happen, Gap needs to first find one thing: a CEO who really knows fashion. Fast...

Author: /time Magazine | Title: Khakis Get the Blues | 1/26/2007 | See Source »

Apart from three years as Finance Minister, you've been a banker. How will you make up for your lack of political experience? In Djindjic's government, I learned fast. We inherited Serbia from Slobodan Milosevic as a destitute, ruined, isolated country. We sent Milosevic to the Hague, negotiated through dozens of strikes, clamped down on corruption and smuggling, and then upheld economic stability when gangsters killed Djindjic. I am battle hardened...

Author: /time Magazine | Title: 10 Questions For Bozidar Djelic | 1/25/2007 | See Source »

...them properly, or is too cosy with the academics or slipshod about standards, Howard will flay Rudd, just as he demolished Paul Keating, then Beazley, then Simon Crean, then Latham, then Beazley again. Rudd has made a wonderful start in his new job. But he'll need to learn fast how to foment his own voters' revolution if he is to topple the fortified House of Howard...

Author: /time Magazine | Title: You Won't Fool the Voters of the Revolution | 1/25/2007 | See Source »

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