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Last night we were on a boat around the island, and I was amazed to see these beautiful buildings and people who are very efficient, very modern. You can breathe the air and see that the future is in Asia. We opened the first shop in China 12 years ago. It's incredible what's happened in 12 years...

Author: /time Magazine | Title: CEO Speaks: Ferruccio Ferragamo | 2/2/2009 | See Source »

...Trip. The day starts with an early morning Valentine's Day breakfast, then off to the 54-foot boat to see the New England's largest winter population of bald Eagles. Warm up upon your return with afternoon tea, and get a $25 gift certificate to the nearby Audubon shop. Rates start at $315, available through March 7. 949 Boston Post Rd, Madison...

Author: /time Magazine | Title: Sweet Treats and Other Presidents' Weekend Getaways | 1/31/2009 | See Source »

...company's ill-fated $400 million purchase of women's apparel shop J. Jill in 2006 burdened its debt load. "What's hurting them more than anything is that they've got lots of debt on their balance sheet," says Betty Chen, a retail analyst at Wedbush Morgan Securities. Talbots has shuttered its men's, kids and U.K. businesses, and is shopping for a buyer for J. Jill. Good luck finding one in today's market. Earlier this month, investors received some encouragement when the company secured a $150 million credit line from three Japanese banks. In 2008 Talbots also...

Author: /time Magazine | Title: Retailers on the Ropes: Can These Companies Survive? | 1/29/2009 | See Source »

...survival mode," says Davidowitz. But how can the company stay afloat when the economy has turned against the whole industry (even Barnes & Noble is struggling), and when big boxes like Walmart and Target are moving into the book-selling game? "Borders has to give people a reason to shop there," says Norris, starting with improving customer service. "It has to be more than better," he says. "It has to be astronomical. It has to be something people talk about." (Read "Books Gone Wild: The Digital Age Reshapes Literature...

Author: /time Magazine | Title: Retailers on the Ropes: Can These Companies Survive? | 1/29/2009 | See Source »

...from script requires a trip to the retail district in downtown Shanghai. There, on March 6, the company plans to open a 38,000-sq.-ft. (3,500 sq m) House of Barbie - the first of its kind in the world. This is nothing like the Main Street toy shop of yesterday. To enter the eight-story showpiece space, customers pass through a pink neon-lit tube, where the prerecorded sound of giggling girls grows progressively - some might say demonically - louder. After registering for a Barbie passport, visitors can get their hair and nails done at a spa and shop...

Author: /time Magazine | Title: Botox for Barbie | 1/29/2009 | See Source »

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