Word: labelers
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Why do we need to come up with a new label for kids who stay at home with their parents while figuring out what they want to do? We've had a name for that for years: moocher...
...line going after the designer has departed. In November designer Jil Sander walked out of her Prada-owned company for the second time. Back in 1999, less than six months after striking a deal with Lang, Bertelli bought a 75% stake in Sander's coveted ready-to-wear label. The deal made the Prada Group Italy's largest private luxury-goods conglomerate. Echoing Lang, Sander said she had picked Prada from a string of suitors because her company and Prada shared a "common understanding of fashion." Just four months later, Sander stormed out of the house she had founded...
...smart-ass, but I'm playing dumb," and for many years his performance was seamless. Armstrong, bassist Mike Dirnt and drummer Tre Cool met in their late teens and displayed natural gifts for propulsive, funny, disposable punk-pop songs about masturbation and alienation. In 1994 Dookie, their first major-label album, sold 10 million copies. Multimillionaires at 22, the members of Green Day settled into a routine of churning out blink-and-they're-over records followed closely by triumphant world tours. They were not quite criminally lucky, but they weren't exactly paragons of ambition either. Sometimes, when they...
Still, there's little doubt that in his small way, Oberst is a big talent. Major labels have been desperate to sign him, though Oberst (who founded his own label, Saddle Creek) has resisted on the quite correct grounds that they would force him to stick to writing heartbreaking love songs (preferably ones that could be sold for romantic-comedy sound tracks). Oberst deserves some credit for clinging to his idealism. He deserves even more for making sure his new albums are sold separately...
TIME: You seem to be putting a lot of emphasis on your private-label business...