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...CONTENT with selling the latest model off the assembly line, Mercedes-Benz has opened its own vintage shop in Irvine, Calif. Catering to automotive aficionados who dream of buying the perfect "classic" ride right off the lot, the Classic Center is the first of its kind in the U.S. (There is one in Fellbach, Germany.) In addition to Mercedes models 20 years and older, the center will provide customers with factory parts and restoration services. Prices start...

Author: /time Magazine | Title: CARS: Old World Elegance | 3/8/2006 | See Source »

...WILL WE SHOP IN THE FUTURE? Historically, we have bought things with the expectation that we're going to own them until they break or we give them away. We're evolving into a more efficient, temporary-ownership society, in which we buy things with the expectation that at some point, we'll trade up, similar to how we own cars...

Author: /time Magazine | Title: Daniel Nissanoff | 3/8/2006 | See Source »

...WILL WE SHOP OFF-LINE? You'll start thinking, Do I want to buy a classic handbag or an "It" bag in a trendy color? There's not a big difference in cost, but the classic bag has residual value. Also, you're going to shop more frequently because you're going to be able to move in and out of goods for the same price. At least one large department-store chain is considering reselling customers' clothes on eBay in exchange for store credit. Imagine buying a new handbag that comes with a card that says, "When...

Author: /time Magazine | Title: Daniel Nissanoff | 3/8/2006 | See Source »

...FUTURE SHOP? I regularly buy and sell watches online because I enjoy nice watches, but I also enjoy variety. When my wife has a loud, uniquely colored cocktail dress and doesn't feel like spending a few hundred dollars on a pair of shoes she'll wear with it once a year, she'll buy a gingerly used pair on eBay. I get a new computer and cell phone every six months to a year...

Author: /time Magazine | Title: Daniel Nissanoff | 3/8/2006 | See Source »

...settings, and the sway and movement in the designs. Today the pieces are created as intricately as they were when the house, which is celebrating its 100th anniversary this year, opened. All the high jewelry pieces are still made in Fort Knox--like ateliers above the Place Vendôme shop. Of course, getting into those ateliers is still a rare privilege reserved for clients who are willing and able to pay the price for made-to-order pieces?a trend that, according to president Stanislas de Quercize, has been on the rise in the past year (a necklace sold...

Author: /time Magazine | Title: Crafting Couture on The Place Vendome | 3/8/2006 | See Source »

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