Word: karan
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...early enthusiast was designer Donna Karan, who was looking for something to wear under her famous body-hugging sheaths. Donna Karan Intimates now offers a sexy but supportive thong ($22 at Bloomingdale's), and others come from Nancy Ganz, Maidenform and Victoria's Secret. Made of lightweight microfibers, the thongs are a far cry from your grandma's breath-stopping girdle. And though some women still find the thongs a little risque, they're getting used to them. Some 37 million thongs were sold in the U.S. in 1999, giving the business a 20% boost in revenues over those...
...tour of British electronica acts Groove Armada and Faze Action). Every song on Moby's 18-track album Play has been licensed, popping up in ads for the last episode of Party of Five, movies like The Beach and commercials for Nissan's Altima sedan and Quest minivan. Donna Karan's DKNY label plans to use deejay John Digweed's song Heaven Scent to promote a fragrance with the same name...
American firms like Ralph Lauren, Donna Karan and Calvin Klein are finding it increasingly difficult to compete against these global luxury superpowers. Tommy Hilfiger's stock has also lost luster (see box). So has Kiehl's, a 149-year-old posh beauty brand that was acquired last week by French global giant L'Oreal. In February, Klein, noting the sums Arnault has been paying and the increasingly treacherous fashion market, also put his company up for sale. Potential suitors--LVMH and Gucci among them--have shied away from Klein's privately held company because its licensing agreements would deny...
...body line extensions. "You need to keep fresh, but you cannot constantly do megalaunches," says Karyn Khoury, senior vice president of fragrance development worldwide at Estee Lauder, which produces the Estee Lauder, Clinique and Bobbi Brown brands and holds global fragrance-licensing rights for designers Tommy Hilfiger and Donna Karan. An entirely new fragrance with a full marketing campaign, says Khoury, can take one to five years to develop, requiring significant investment...
Akhil Sharma's An Obedient Father, which Farrar, Straus & Giroux will publish in June, is an Indian family novel that should appeal to anyone with a taste for red-blooded American realism and farce. His narrator, Ram Karan, a corrupt inspector for the New Delhi school system, is a self-pitying moral sloth whom Mark Twain would have recognized in a Missouri minute...