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...banking and the collapsing price of oil. A Wisconsin native, Koepp professes to be interested more in journalistic than in sartorial brilliance. Says he: "When I lived in the Midwest, I bought my clothes at Sears, but I did buy a Lauren shirt five years ago at a factory outlet in Connecticut. Only now is the shirt beginning to fray." Perhaps this exposure to current fashion will tempt him to consider replacing it before too many more years...

Author: /time Magazine | Title: A Letter From the Publisher: Sep. 1, 1986 | 9/1/1986 | See Source »

Lauren has flourished in Europe, which is tough turf for an American designer. Calvin Klein, for one, opened a retailing outlet in Milan in 1982 but closed it soon afterward in response to slow sales. By contrast, in its * first four months of operation, Lauren's Paris store on the corner of the Rue Royale and Place de la Madeleine has stimulated the French taste for the preppie look. The New Bond Street shop in London, which met lukewarm response when it opened in 1981, now plans to triple its floor space. Prince Charles and Princess Diana, who wear only...

Author: /time Magazine | Title: Selling a Dream of Elegance and the Good Life | 9/1/1986 | See Source »

...became apparent that we were moving further and further away from the roots of the news division and what the news division does well." The network is also trying to placate affiliate stations, which have grown impatient with CBS's inability to deliver a competitive morning show. One major outlet, Atlanta's WAGA-TV, has already announced that it will cancel the CBS Morning News this fall. Other stations are threatening to follow suit...

Author: /time Magazine | Title: Video: CBS's Latest Soap Opera | 8/25/1986 | See Source »

...Lites chain of fast-food restaurants seemed like a surefire formula for success in the health-conscious '80s. Its menu was designed for the slender set, featuring such fare as vegetarian pita-bread sandwiches, diet cheeseburgers, frozen yogurt and light beer. The chain grew from one Atlanta outlet in 1981 to about 100 restaurants in 19 states last year. But now D'Lites may be down to its final few bites. Company President Jefferson McMahon, a former Arby's executive who was hired only last November to tighten up D'Lites' management, abruptly quit the top job last week...

Author: /time Magazine | Title: Franchising: A Last Meal for D'Lites? | 8/11/1986 | See Source »

...Johannesburg were forbidden to hold any indoor meetings, their outdoor meetings having already been banned in June. An immediate storm of protest broke loose, the kind that usually inspires the Pretoria government to dig in its heels. Instead, two days later, the Bureau for Information, the sole official outlet of news on the emergency, announced that the government was making an about-face. "Errors" had been made in the original order, the statement said, and the ban on indoor meetings did not apply to labor unions...

Author: /time Magazine | Title: South Africa the Rise of Black Labor | 7/21/1986 | See Source »

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