Word: fendi
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...Anxious as they may be to read Ashcroft's musings on everything from farfalle to Fendi, Democrats on the Judiciary Committee aren't just holding out for Ashcroft's written responses; they're also waiting to see FBI financial reports, several speeches, and the complete videotape of Ashcroft's 1999 commencement address at Bob Jones University. Ashcroft's affiliation with the controversial school has raised eyebrows among his detractors, who point to college founder Bob Jones' racist and anti-Catholic convictions - and wonder aloud just how far they actually are from Ashcroft...
...attend a school in which half the student body can spend money without thinking twice and the other half can't spend a dime without thinking about anything else. In fact, I only know of two groups who openly talk about wealth on campus: the Fendi baguette-toting students who have it and wear it like a badge, and those who don't and wear that as a badge...
...just the latest Fendi bag, the snazziest python boots or the newest Prada ensemble. It's not even telling it all on Oprah. No, what's really trendy this season among celebrities is writing a children's book...
...spirits brands, Christian Dior, Givenchy, Celine, Kenzo, Christian Lacroix, Tag Heuer, Dom Perignon, Ebel, two Paris department stores, the DFS duty-free chain and the Sephora perfumery-shops, among other brands. Lately, he has been acquiring new companies at the rate of one a week: Bliss, Hard Candy, Fendi, Pucci, Urban Decay. "We look for hot companies, still small," says Arnault in his accented English, his voice a clipped tenor. "No one can do as much with a hot brand...
With that battle raging, Arnault and De Sole clashed last November in a bidding war for Fendi, the maker of last year's to-die-for handbag, the baguette. Gucci's interest in the company probably forced Arnault to pay $200 million more than he would have otherwise before bagging Fendi for $950 million, a steep price for a firm whose net income last year was $20 million. De Sole insists Arnault overpaid for the company. Arnault, of course, vows to work his magic on Fendi. "It's a hot product with limited exposure," he says. "Perfect for what...