Word: gucci
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...brands as Tommy Hilfiger; giant manufacturers like Samsonite are investing in small leather-goods businesses such as Lambertson Truex. Department stores like Italy's La Rinascente are swallowing Printemps, its competition in France. And established names like Valentino are diving into such emerging markets as India. Last month the Gucci Group was rumored to be eyeing the London-based Alice Temperley label. Next thing you know, parent company PPR will be purchasing Italian jeweler Bulgari. Beauty conglomerates like Est�e Lauder and L'Or�al are once again hunting for acquisitions, armed with multimillion-dollar checkbooks...
...billion business growing at approximately 7% a year, according to the Telsey Advisory Group (TAG), an independent research firm based in Manhattan, has been populated by a handful of familiar faces: Bernard Arnault of LVMH, Fran�ois-Henri Pinault of PPR and the odd manager of Gucci or president of Chanel. But cash-rich private-equity firms have taken note of the impressive numbers those companies are posting. Gross profit margins for apparel are 50%, and for leather goods they can be as high as 77%, according to TAG. So it's not surprising that in the past two years...
...Meanwhile, the religious balance of Beirut is shifting. Neighborhoods in the swish Christian side of the city have become Gucci ghost towns as their owners head for summer homes in the hills. In Muslim West Beirut, the streets are doubled parked with out-of-town cars, and there are more hijabs than high heels on Hamra street...
...don’t want to stand out as an American. Italians are more fashionable.” True, most Americans dream of glimpsing the mere dregs of the glamour this country emanates. Italy, typically considered the hub of the fashion world, shamelessly worships its designers—Gucci, Armani, and Dolce & Gabanna. Those textile wizards labor day and night to concoct stunning, near-holy ways to be frighteningly beautiful, original, and colossally stylish. If what I have seen is a glimpse into the future of fashion, then I have seen the four horsemen of the Apocalypse.The folks who prance...
...single inch of me that hasn’t been pinched, cut, filed, painted, sloughed, blown dry, or moisturized. [...] Because I don’t look a thing like Mia Thermopolis. Mia Thermopolis never had fingernails. Mia Thermopolis never had blond highlights. Mia Thermopolis never wore makeup or Gucci shoes or Chanel skirts or Christian Dior bras, which by the way don’t even come in 32A, which is my size. I don’t even know who I am anymore. It certainly isn’t Mia Thermopolis. She’s turning me into someone...