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...This article contains a table. Please see hardcopy of magazine or PDF.] OLD LUXURY NEW LUXURY Dubai Shanghai Thomas Keller's Per Se Bobby Flay's Bobby's Burger Palace Bugatti Veyron Fbg par Hermčs Prada Hyundai Genesis Valentino's Gstaad chalet Karl Lagerfeld's Vermont hideaway Nancy Gonzalez crocodile tote Tod's neoprene Pashmy Art Basel scoutingforart.com Alexander McQueen ready-to-wear McQ Alexander McQueen for Target DayJet's Eclipse500 air taxi service JetBlue's new terminal at J.F.K. International Airport Invitation-only Yellowstone Club resort 5-star Wynn Las Vegas offering $109/night specials Cr?...

Author: /time Magazine | Title: Luxury Goes Low-Key | 4/6/2009 | See Source »

...This whole crisis is like a big spring housecleaning?both moral and physical?bling is over. Red carpetry covered with rhinestones is out. I call it the "new modesty."' ?Karl Lagerfeld, designer...

Author: /time Magazine | Title: Verbatim | 4/6/2009 | See Source »

Some designers don't mind the Krystle Carrington references, while others claim the new look isn't a throwback. "I hate to call it '80s," says Karl Lagerfeld, who showed sculpted shoulders for Chanel. "It's more about a flawless look. It's about cut, quality and the silhouette." Whatever it is, just don't make Tess McGill's mistake and pair the new power suit with sneakers...

Author: /time Magazine | Title: Strong Suits | 3/19/2009 | See Source »

...gift is "to design and to create dresses. I always did this. I am not capable to do anything else. I am a disaster in everything else." In his climactic show, which everyone seems to know is his last, his admirers shed tears as they congratulate him. Karl Lagerfeld, another king designer-dinosaur, tells Valentino, "Compared to this, the rest of us are making rags." Shortly after the show, Permira announces that the 35-year-old Alessandra Facchinetti will be the new couturier for the house of Valentino...

Author: /time Magazine | Title: Ode to a Fashion Legend, Valentino: The Last Emperor | 3/18/2009 | See Source »

...times we are living in, I think the guarantee of quality and stability of the big brands is what will survive in the end.' ?Karl Lagerfeld...

Author: /time Magazine | Title: Verbatim | 12/2/2008 | See Source »

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