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Though the economy has stalled and high-end tourists have stayed away during the eight years that Nepal has been racked by a Maoist insurgency, the impoverished Himalayan kingdom could always count on two sources of foreign revenue: aid groups and backpackers. Now they are under threat, too. Earlier this month, Maoist guerrillas fighting to overthrow the monarchy and the country's feudal system called for a protracted national transport blockade to starve the capital, Kathmandu, and so to "pressure" the government to call a cease-fire, according to a statement from Maoist spokesman Jhhakku Prasad Subedi...

Author: /time Magazine | Title: A Failing State | 3/22/2004 | See Source »

...have worn Fendi and Versace to their sophomore prom, but in the tween and teen fashion lines they sell through about 2,900 Wal-Mart stores nationwide (and 5,300 stores globally), the hard-driving Olsen twins take it down a couple of notches. "It's not a high-end thing," explains Robert Thorne, CEO of Dualstar Entertainment Group, parent company of all Mary-Kate and Ashley items. "We want to be available to everyone, not just the beautiful people...

Author: /time Magazine | Title: 4 Olsen Sisters | 2/16/2004 | See Source »

...City restaurant and began peddling trimly cut $200 stretch-cotton shirts and $400 cashmere twin sets. Despite predictions that mothers-to-be would never spend so much for separates with a limited shelf life, orders poured in. "All the stores I approached said, 'No--there's no market for high-end maternity.' I couldn't stop thinking that if I could just show these clothes directly to my customer without a middleman, she would get it." The female intuition paid off. Today the $10 million business of Liz Lange includes three stores as well as licensed lines with Nike...

Author: /time Magazine | Title: Liz Lange | 2/16/2004 | See Source »

...High-end luxury stores like Gucci and Ferragamo line Florence's ritzy Via Tornabuoni, but one addition boasts more than the latest spring fashions. Renovations for the new MaxMara boutique, housed in the 15th century Palazzo Corsi, uncovered a series of elaborate frescoes dating to the 1590s. They are believed to be the creation of well-known 16th century artist Agostino Ciampelli, who worked for the powerful Medici family. MaxMara has also maintained decorations from the 19th century as well as the original bookshelves from the famous bookstore that had occupied the building for more than 100 years...

Author: /time Magazine | Title: Euro News: Art Meets Fashion | 2/16/2004 | See Source »

...Keller has another cookbook due out in the fall, based on dishes served at the original Bouchon. He is also marketing a line of Limoges porcelain by Raynaud that he helped design and a collection of silver hollow ware--egg cups, wine buckets--by Christofle, both destined for high-end retail stores. For dessert, he is simultaneously starting a $1.8 million renovation of the French Laundry and planning an inn on land opposite the restaurant. "This is quite a year for me," says Keller, shaking his head wistfully. "Everything has just telescoped together...

Author: /time Magazine | Title: Entrepreneurs: Chef's Surprise | 2/9/2004 | See Source »

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