Word: ripley
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Dates: during 2000-2009
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...Michael Bloomberg, a billionaire with no prior government experience, took over New York City four months after Sept. 11. So far, his CEO mayoralty, if not beloved, has been praised for its efficiency. At City Hall on the eve of the G.O.P. Convention, Bloomberg spoke with TIME's Amanda Ripley about New Yorkers, anarchists and his first convention...
...Ripley, 25, started her retail career as a precocious 6year-old, selling a 50¢ ring at a church fair for $1.50. From there, she peddled bric-a-brac to patient antique salesmen in London and flower arrangements at state fairs in her native Connecticut...
After dropping out of the Fashion Institute of Technology, Ripley decided to make a go of overstocked couture at a discount. She got her father to co-sign a 30-day, $30,000 note, which she used to buy 300 chic but so-last-season pieces. Then she resold them on eBay at a 225% profit...
...fledgling business was born in her Brooklyn loft, and by the time Vogue ran a short piece on her venture, Ripley was already receiving phone calls from designer houses eager to unload their wares. In early 2003, after moving to Atlanta with her Georgia-born husband, Ripley opened Luxe, a 5,000-sq.-ft. store in the Buckhead section's posh Miami Circle design district...
With six-figure revenues and a steady stream of customers--from ladies who lunch to college women who crave cheap chic--Ripley has developed her business by throwing special events and selling clothing from up-and-coming designers like Zac Posen, vintage couture from Miami's Sasparilla boutique and costume jewelry. To bolster her national exposure, Ripley is launching an e-commerce site in September...