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...several hundred times the original price. Now high-fashion designers from Italy, Japan and France are adapting and transmuting the fit, dash and splashy spirit of Hawaiian shirts into a bedazzling array of prints. Now up-to-the-minute fashion emporiums like Barneys in New York City import racks full of new Hawaiians, while Bill Gold, co-owner of a vintage clothing store called Repeat Performance in Los Angeles, will go on buying trips to the Midwest to ferret out some good old numbers that have long been packed away -- perhaps in embarrassment. Now, in the islands, says Dave Rockland...

Author: /time Magazine | Title: Living: High, Wide and Hawaiian | 6/3/1985 | See Source »

Economic growth would have been much stronger in the first quarter were it not for a torrent of imports, which added to an international trade deficit that hit a record $123 billion in 1984. Though Americans spent freely early in the year, they were favoring many foreign goods over domestic products. As a result, production in U.S. factories stagnated. The main reason for the import binge was the strength of the dollar, which until the last few months seemed to be rising inexorably. Between 1980 and last February, the value of the dollar climbed by more than 60% against...

Author: /time Magazine | Title: Waking Up From a Slump | 6/3/1985 | See Source »

Jordan obviously wants to explore the psycho-sexual import in the myth of lycanthropy. To a certain extent he succeeds. Thus Red Riding Hood, who is played a little too somberly by a lovely Sarah Patterson, and her grandmother, a scary yet whimsical Angela Lansbury, do seem to engender much of the brooding atmosphere with their love of telling haunting stories, "If he's born feet first and his eyebrows meet in the middle...One day he'll meet in the devil in the wood...

Author: By Lyn Dilorio, | Title: Visual Howls | 5/10/1985 | See Source »

Japan's Ministry of International Trade and Industry, which is spearheading the import drive, called in top executives from the country's 60 largest corporations for an hour-long pep talk on buying parts and materials from abroad. In addition, MITI is urging retailers to promote foreign goods and is planning to sponsor import fairs...

Author: /time Magazine | Title: Trade: Japan's Buy-Foreign Blitz | 5/6/1985 | See Source »

According to the economic textbooks, the price of imports should go down when the value of a country's currency goes up. Reason: when the dollar is worth more francs, marks or lira, products originally priced in those currencies should be correspondingly cheaper. In the theoretical world of economists, a British suit that costs (pounds)150 in London should sell in the U.S. for $300, plus a little more for shipping and import duties, when the pound is worth $2. If the value of the pound drops to $1, that same suit should cost...

Author: /time Magazine | Title: Living: Why Pricey Imports Stay That Way | 4/22/1985 | See Source »

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