Word: laurentic
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...billion in assets under management. Crédit Agricole, a network of mostly rural savings banks, was for almost two years the preferred candidate to take over the government's 10.9% stake in Crédit Lyonnais. But talks bogged down. In November, when Agricole ceo Jean Laurent (pictured) tried to haggle the government's final offer of €44 per share down to €42, the Finance Ministry lost patience and called an auction. France's biggest bank, BNP Paribas, gobbled up the stake for €58 per share. Agricole realized it goofed, replaced its chairman...
Just in time for the holidays comes a fashion trend that can double as gift wrap: satin ribbons. Ultrafeminine sashes, already considered hip by 4-year-old girls, are becoming must-haves for women 10 times that age. Tom Ford for Yves Saint Laurent Rive Gauche, Dolce & Gabbana and Prada are among the fashion powers touting the look in recent collections, tying ribbons onto blouses, dresses and shoes. Popular downmarket retailer Hennes & Mauritz (H&M) and other mainstream mall outlets have also appropriated the ribbon theme for everything from belts to tank tops. Whether tying them in bows or leaving...
FABULOUS YVES SAINT LAURENT RIVE GAUCHE'S black silk skirt with velvet detail. Perfect for an art-gallery fund raiser...
...thus fuel consumption. As designers explore other uses, recycled beer can handbags can't be far off. - By Kate Noble ADVERTISING A Naked Bid for Attention Break out the champagne, get out the party lights, strike up the band - the last taboo has finally been broken. Yves Saint Laurent, under creative director Tom Ford, has produced the world's first advertisement with full-frontal male nudity. The bits in question belong not to Ford but to former martial arts champion Samuel de Cubber. Ford calls it a "very academic nude," and says it is meant to pay homage...
...last spring that its largest exhibition devoted to a single designer would celebrate Versace, the fashion press asked: "Why?" The V&A's reply - that this year marks the fifth anniversary of Versace's murder - seemed less than convincing. There were other, more compelling milestones. For example, Yves Saint Laurent - a designer who did far more than Versace to change the way women dress - recently retired. Might not a retrospective have been in order? The most likely explanation for the V&A show is that Versace's shimmering, flamboyant designs are guaranteed crowd pleasers in a way that Saint Laurent...