Word: milan
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Dates: during 1990-1999
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Thanks to Miuccia, the Milan-based house of Prada has gone from being a staid leather-goods firm to just about the most prized name in the apparel business. There are no clearance sales of Prada clothes; they can be hard to find at full price. The firm, run by Miuccia and her entrepreneur husband Patrizio Bertelli, has been cautious about expansion, but in the next year new outlets will be popping up--Atlanta; Costa Mesa, California; and the Bal Harbour district of Miami. The house now receives the ultimate accolade: it is widely copied. Several outfits in Calvin Klein...
With her design profile firmly in place, Prada is starting to alter it. "I know the moment of danger," she says. "It comes when they look to you for one thing only. Then when the fashion changes, they go away." The spring collection, shown in Milan last month, is identifiably Prada, but there are changes. The dropped waistlines are still around, but the chic, skinny belts are gone. So is some of the minimalist severity. "I'm tired of retro; I'm tired of chic," says the designer. Instead she uses color--but not loud color--more than she ever...
...stand pat, coyly valued his network at about $11 billion, adding, "We just got a lot more expensive." And of course everyone is watching Rupert Murdoch, the envy of the media firmament, who with a recent infusion of cash from MCI is continuing to march across the world, from Milan to Fiji. Can Barry Diller possibly sit it out much longer...
...days before Milan's semi-annual fashion shows begin, Italian newspapers report that some of the biggest names in the industry would soon be indicted for allegedly bribing tax officials to go easy on audits. Among those reported by Italian news agencies: Giorgio Armani, Gianfranco Ferre and Mariuccia Mandelli (the name behind Krizia.) TIME Rome reporter Greg Burke says that nearly all the top Italian fashion designers had been called in over the last several months as part of the massive "Clean Hands" corruption probe. Today, Armani reacted coolly: "It's a formality related to the known investigation...
...intention of reviewing, or purchased discounted designer clothes at invitation-only "sample sales." The difference is the way the fashion press has come to take its often valuable spoils for granted, sometimes in spite of employers' explicit rules. "When I go to the shows in Paris and Milan, the number of shopping bags coming in is unbelievable," notes Brubach, who says she accepts no free or discounted clothes, in accordance with Times policy. "You don't need to be a private detective when everyone shows up the next day in an anorak with a lining that says chanel, chanel, chanel...