Word: pricing
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...will puncture Banksy's ballooning sales figures. But Jeffrey Deitch, an art dealer with close ties to legendary graffiti artists Keith Haring and Jean-Michel Basquiat, asks, "When you can buy a superb Picasso drawing for $500,000 and a work dashed off by Banksy for the same price, does that make sense to you?" Still, Deitch, who says he likes a lot of Banksy's work, adds, "I don't think it will have any effect on his output. He's established the brand...
Frances Weeks, manager of a boutique in London's hip Notting Hill neighborhood, proudly holds up a dress by Italian designer Emilio Pucci. Such frocks usually come with a stratospheric price tag attached; she's selling this one for a mere $200. Oh, and how about those Prada evening shoes she's got priced at just $140? They'd usually set you back several hundred bucks. So what's the catch? Well, most of the chichi clothes, shoes and accessories on sale at this shop are ... well, preworn. Weeks' boutique is in fact an upscale version of the ubiquitous Oxfam...
...Twentysomething Caroline Dunlevy, who was making her second visit since the boutique opened, admitted it's changed her perception of what a charity shop could be. "It's really a cut above the others," she said. Real quality is always good for a second go-round, especially if the price is right...
...Richard Price, Executive Producer Porgy and Bess Chief Executive Officer Primetime Television London
...left tens of thousands in tents and tar-paper shacks around a capital that is already the world's largest metropolis. American officials appearing before a U.S. Senate subcommittee last month publicly condemned Mexican officials for corruption and complicity in drug smuggling. The recent decline in the price of oil, the country's major export, stripped in a single month the already debilitated economy of one-third of its projected foreign exchange. And earlier this month the peso, which was worth 26 to the dollar in 1982, fell in only a week from around 530 to 750. By now, this...