Word: fines
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...everyone will lose out this Christmas. The very low and very high end of the retail market should be just fine. While middle-of-the-road stores like Kohl's, J.C. Penney and the Gap that have struggled in the recent past will probably continue to suffer, high-end stores like Neiman Marcus, Saks Fifth Avenue and Nordstrom's will most likely have relatively strong sales. "They have a moneyed customer and things happening in the world won't affect their lifestyle as much," says Michael Appel, managing director of Quest Turnaround Advisors. "Well-managed retailers who already have momentum...
Thus will the world discover the eternal youth of France, a nation whose long quest for glory has honed a fine appreciation for the art of borrowing. And when the more conventional minds of the French cultural establishment - along with their self-occupied counterparts abroad - stop fretting about decline and start applauding the ferment on the fringes, France will reclaim its reputation as a cultural power, a land where every new season brings a harvest of genius...
...Japanese producers. Sales doubled in 2006 from 2005, and Sidel expects to break even this year with revenue of a little more than $1 million. "Sake is transitioning from the image of being cheap, hot and in a little carafe that gets you hammered to one of a fine wine with a lot of complexity, flavor and craftsmanship," he says...
HONOLULU Young shoppers love the whimsy of Dior Fine Jewelry's Diorette ring...
PARIS The Mademoiselle ring ($5,700) draws attention at Chanel Fine Jewelry's Place Vendôme boutique...