Word: prada
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...luxury-goods purveyors looking to expand in what up to now has been a small market. Fendi has three retail doors with a fourth on the slate, Louis Vuitton is expanding its small store on the Asian side of the Bosporus next year, while Dolce & Gabbana, Dior and Prada are all actively looking for appropriate sites on the European side...
...were fabulous in The Devil Wears Prada, by the way. Oh, thank you. I was nervous because I had no preparation. I was asked to do it like three days before we started shooting. But it ended up great. We laughed a lot, that's for sure...
...investors who stampeded in. This time, many foreign companies seem set to make a tidy profit, not least because the hotel business is one industry in which Chinese firms are not yet equipped to undercut overseas rivals while also providing the requisite quality of service. "You can knock off Prada or Montblanc," says Ralph Grippo, China manager for the Ritz-Carlton hotels. "But there's no way you can knock off luxury service. It's about human beings and experience. That's not something you can duplicate." Ford agrees. "There's no Chinese company right now that...
Indeed, the price range--$147 to $598 for a jacket and $172 to $448 for a dress--means that Elie Tahari is within reach of more women than are designer tags like Prada or Gucci. But the real secret to Tahari's success, according to the designer's wife Rory, who is the brand's creative director, is the way the clothes fit. "Elie doesn't do fittings on models; he fits the samples on real women," she says. And customers respond. Ann Stordahl, executive vice president for women's apparel at Neiman Marcus, says that Elie Tahari...
...wouldn't expect the head of Tata group, India's largest conglomerate, to say the rich are boring. But Ratan Tata comes close. Acting rich doesn't interest him. "I've never had the desire to own a yacht, to flaunt," he says. Nor does the Prada-wearing class excite him as a marketing opportunity. China and India, with their growing ranks of tycoons, should attract multinational[an error occurred while processing this directive] businesses, not because of the spare million in a few fat wallets, he argues, but because of the spare change in a billion slim ones. "Everyone...