Word: lanvine
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...that has made debonair, soft-spoken Oscar de La Renta, 34, the most talked-about and envied new young designer. Born in the Dominican Republic ("Most of my family were diplomats; my father was in insurance"), Oscar opted for art, switched" to fashion in Paris, where he designed for Lanvin before coming to the U.S. to work with Elizabeth Arden. On his own for only two years, in September he picked up his first Coty American Fashion Critics Award ("Winnie") as the best U.S. designer...
...going up, something must come down, designer after designer rediscovered shorts, called forthrightly "les Bermudas." For daytime, Esterel showed shorts worn with knee socks; for evening, Madame Grès let them peek through a floor-length skirt slit to the hip like a half-peeled banana. Crahay at Lanvin blossomed forth with frilly organdy bloomers under flaring, tentlike little-girl dresses, and Castillo even tried an evening tunic with sheer pantaloons. Carrying exposure further, Paco Rabanne whipped up see-through dresses made of ostrich feathers and transparent plastic disks...
Died. Jacques Heim, 67, Parisian high-fashion designer whose House of Heim was considerably less radical than the houses of Dior, Chanel, and Lanvin, trending to very elegant, quietly simple styles (among its clients: Mme. de Gaulle, Queen Fabiola, Mamie Eisenhower), yet could hardly be called stodgy, seeing as how it was the birthplace in 1946 of a teeny-weeny swimsuit called the A tome, which Heim designed for Riviera beaches and which other designers picked up and renamed the bikini; of a cerebral embolism; in Neuilly, France...
...twelve-day Viet Nam tour, Actress Carroll Baker, 34, was feeling positively unfrocked. First she lost three suitcases with $7,000 worth of Lanvin gowns inside. After the show with Bob Hope at Chu Lai, the troops admired her $8,000 feathered and beaded Balmain so much that finally one G.I. came up, said Carroll, and murmured, " 'Gee, how about just one of those feathers?' I said O.K., and that started it." The boys "deplumed" her. Since the $7,000 Edith Head number "just disintegrated in the heat, mud and rain," the poor child didn't have...
...Corp. with Schenley. Last year Lehman negotiated some 20 mergers, for which the purchase prices totaled more than $700 million. Goldman, Sachs last year put through more than ten key mergers, including Genesco's acquisition of the Kress variety-store chain, Transamerica's purchase of Braniff and Lanvin's purchase of Charles of the Ritz. Other major deals were brought off by such investment bankers as Morgan Stanley, First Boston, and Kuhn, Loeb...