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...same-store sales last quarter, Bulgari was down 21%, Harry Winston sales were down 49%, and [LVMH Moet Hennessy] Louis Vuitton down 23%," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail consulting and investment banking services firm. "If you look at Madison Avenue, it's a ghost town in terms of store closings. It's an absolute disaster." (Read "How Consumers Shop Differently Today...

Author: /time Magazine | Title: Luxury Retailers Rush To Adapt: Chic Goes Cheap | 9/17/2009 | See Source »

After 27 years of serving ice cream to the Harvard Square masses, Herrell’s Ice Cream’s Dunster St. location may close as early as November.Financial pressure from rising costs and a new competitor in town with prime real estate on Mass. Ave. snowballed into “the perfect storm” for the much-loved ice cream shop, said Herrell’s owner Jeffrey Stanett, making its continued operation impractical, if not impossible.Instead, Stanett said he plans to open a casual restaurant by next spring in an expansion of Herrell?...

Author: By Athena Y. Jiang, CRIMSON STAFF WRITER | Title: Herrell’s Ice Cream To Stop Serving | 9/17/2009 | See Source »

...chairs to one from two per committee, creating an outreach committee, and promoting frequent committee meetings where definitive decisions can be made. The organization’s co-chairs, Christian L. Garland ’10 and Marco Chan ’11, led the “Queer Town Hall,” which drew at least 35 students—substantially more than the number who typically attend the club’s meetings, according to Garland, who termed the turnout “unprecedented.” Currently, Garland said, the group—which changed...

Author: By Eric P. Newcomer, CRIMSON STAFF WRITER | Title: QSA Debates Restructuring | 9/17/2009 | See Source »

...romance of Paris or the grit of downtown Manhattan has inspired many a feminine frill or sleek black garment, it is the hardy intellectualism of Boston that informs local designers. “Bostonians really pride themselves on being academic, and it’s such a college town, too,” Calderin says. “[Boston’s] being recognized as a city where you can cut your teeth as a designer... and do really cool things for the sake of doing them.” Citing collaborations between designers and MIT students that have produced...

Author: By Roxanne J. Fequiere, CRIMSON STAFF WRITER | Title: Wicked Haute | 9/17/2009 | See Source »

...mind-set that Richard Hofstadter famously called "the paranoid style" - the sense that Masons or the railroads or the Pope or the guys in black helicopters are in league to destroy the country - is aflame again, fanned from both right and left. Between the liberal fantasies about Brownshirts at town halls and the conservative concoctions of brainwashed children goose-stepping to school, you'd think the Palm in Washington had been replaced with a Munich beer hall...

Author: /time Magazine | Title: Mad Man: Is Glenn Beck Bad for America? | 9/17/2009 | See Source »

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