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...father--and new boss--inherited. Founded a century ago to hawk Canton-made goods such as porcelain, silk and fireworks to the U.S., Li & Fung is the leader among middleman companies, fashioning the world into a smooth-running assembly line in which buttons produced in Sri Lanka and velvet milled in Italy are sewn into a vest at a Shenzhen factory and shipped on time to a store near you. Leading an army of 7,162 workers in nearly 40 countries, Li & Fung is the world's largest consumer-products sourcing company, last year managing the manufacture of more than...

Author: /time Magazine | Title: Exports: Trading Up | 11/15/2007 | See Source »

Ironically, some of the brands Li & Fung is snapping up are the very ones it helped doom: American labels that were slow to export manufacturing overseas. Last year it acquired the license to sell Royal Velvet, a home-textiles brand that went bust in '03. "We wanted a company that knew how to source overseas," says Rick Platt, managing director of Official Pillowtex LLC, which bought the bankrupt firm...

Author: /time Magazine | Title: Exports: Trading Up | 11/15/2007 | See Source »

David Lynch is no stranger to weird confluences. But the U.S. filmmaker, known for such works as Blue Velvet and Twin Peaks, failed to anticipate the reception his latest project got in Germany this week. Lynch, whose new-age beliefs are sometimes as quirky as his movies, is touring Europe to help establish a network of so-called "invincible universities" to teach the philosophy of transcendental meditation. The idea is to engender world peace. But at a meeting this week at a culture center in Berlin, Lynch triggered a less than peaceful exchange with German onlookers when Emanuel Schiffgens...

Author: /time Magazine | Title: Why David Lynch Should Learn German | 11/15/2007 | See Source »

...Museum is most of all, and rightly, an art book. The specimens are arranged on the black or white pages like jewels on velvet or silk, the feathers and insect wings, corals and shells as brilliant as when they were first pinned into cork-lined drawers or stowed in boxes and jars. Stacey, who shot with film and scanned the images into a computer, says she limited her digital intervention to boosting contrast or deep-etching outlines. "I'm trying to give the sense that it is there in front of you. It's not the actual object...

Author: /time Magazine | Title: Great and Small | 11/9/2007 | See Source »

...don’t have your own ID, you can always just get swiped in as a visitor. No identification required, no questions asked. Do you know how much tourists will pay to get into Widener? I do. Once you are inside the building, you are just a velvet rope away from all Harry’s collection of rare books. Getting into the stacks takes nominally more effort. The door and elevator are unlocked, but you are requested to swipe in at a swipe-box placed seemingly arbitrarily ten yards from the door to the stacks. If you don?...

Author: By Jack F. Pararas, CRIMSON STAFF WRITER | Title: Library Security: FM’s Newest Cause | 11/7/2007 | See Source »

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