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...Lagerfeld, who previously designed products for the French mass-market chain La Redoute, follows the relatively new trend of high-end designers' dipping down into popular-priced retail. In the 1970s Halston shocked the fashion world when he sold his name to the U.S. department store J.C. Penney and launched a less expensive collection. Next month Oscar de la Renta will introduce a new moderate line, O Oscar, that will retail for less than $100. "We're certainly going to see more of this," says Marshal Cohen, chief analyst for NPD Group, a New York-based trend-tracking firm...

Author: /time Magazine | Title: Style & Design: Designer Dresses for Less | 8/9/2004 | See Source »

Philippine President Gloria Macapagal Arroyo hasn't suffered much from her recent decision to withdraw 51 troops from Iraq to save the life of Angelo de la Cruz, a Philippine truck driver kidnapped by insurgents in Fallujah. Despite a rebuke last week by Australian Foreign Minister Alexander Downer?"If we start caving into terrorists," Downer boomed, "our foreign policy, our international relationships will be determined by terrorists"?Arroyo has been flaunting her decision to grant the kidnappers' demands and bring home the soldiers as a badge of honor. She crowed about De la Cruz's homecoming in her annual State...

Author: /time Magazine | Title: Strategic Retreat | 8/2/2004 | See Source »

...presidential election. To consolidate support, Arroyo has scheduled weekly town-hall meetings for the next four weeks, during which she promises to rub elbows with the common folk, many of whom have viewed her as ?litist. Says Ellen Tordesillas, a political analyst and newspaper columnist: "By saving Angelo de la Cruz's neck, President Arroyo saved her own neck...

Author: /time Magazine | Title: Strategic Retreat | 8/2/2004 | See Source »

...Coach, whose purses are also widely copied, are members of several consortiums of luxury-goods manufacturers that facilitate civil and criminal seizures of counterfeit goods. "Every company affected by [counterfeiting] spends an inordinate amount of money trying to fix it," says Barbara Kolsun, general counsel at Kate Spade. La Chemise Lacoste, whose alligator-logo shirts are knocked off and sold around the world, reportedly budgets some $4.2 million annually to battle counterfeiting...

Author: /time Magazine | Title: The Purse-Party Blues | 8/2/2004 | See Source »

Lagerfeld, who previously designed products for the French mass-market chain La Redoute, follows the relatively new trend of high-end designers' dipping down into popular-priced retail. In the 1970s Halston shocked the fashion world when he sold his name to J.C. Penney and launched a less expensive collection. Next month Oscar de la Renta will introduce a new moderate line, O Oscar, that will retail for less than $100. "We're certainly going to see more of this," says Marshal Cohen, chief analyst for NPD Group, a trend-tracking firm. "I wouldn't be surprised...

Author: /time Magazine | Title: Designer Dresses For Less | 7/26/2004 | See Source »

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