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Valentino Garavani, 75, the Roman couturier who has dressed some of the most famous women in the world, including Jacqueline Onassis, Elizabeth Taylor and Cate Blanchett, will retire in January after his haute couture show in Paris. Alessandra Facchinetti, a former designer of Gucci, will replace the legendary couturier as creative director of the Valentino women's collections, it was announced Wednesday by the London-based private equity fund, Permira, which owns a controlling stake in Valentino Fashion Group...

Author: /time Magazine | Title: Replacing Valentino | 9/5/2007 | See Source »

SYDNEY Loyal Gucci fans, including Australian horse trainer Gai Waterhouse, love the timeless look of these frames...

Author: /time Magazine | Title: The A List: Eyewear | 8/17/2007 | See Source »

...Gray Tempering the bold impact of runway-worthy colors like fuchsia and neon orange, designers are peppering their accessory collections with versatile shades of gray in the most lavish materials imaginable. Opposite page: Prada black-and-gray ombré patent lace-up shoes ($650, 888-977-1900). This page: Gucci mink fur Indy bag with ostrich-and-metal plaque detail ($7,990, gucci.com...

Author: /time Magazine | Title: In Neutral | 8/17/2007 | See Source »

...There's also scant attention to populating malls with the right mix of shops. Alan Liu, Shanghai-based managing director of Colliers International's North Asia practice, says most try to attract upscale brands. "Everyone thinks they need Prada, Gucci, Fendi in every project, even smaller ones," Liu says. "Well, the vast majority of customers won't spend their money on upmarket products like that." Indeed, at Beijing's Shin Kong Place recently, office worker Zhang Ting, 28, called the center's many high-end international brands "prohibitively expensive." While hundreds of local office workers like Zhang crowded the downtown...

Author: /time Magazine | Title: Aspirational Hazard | 7/12/2007 | See Source »

...they're not just shopping in the U.S., either. Many of the products designers offer--whether they be a floaty chiffon Dior cocktail dress or a printed Gucci skirt--are also in demand in new and expanding luxury markets, such as Dubai, India and parts of China. They're perfectly in keeping with another trend: global warming and the desire for lighter clothes. "From the Sun Belt to the global-warming issue, [resort wear] has evolved to reach a very broad audience," says Gucci CEO Mark Lee. "If you look at the items offered in the collection, there...

Author: /time Magazine | Title: The Third Season | 6/21/2007 | See Source »

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