Word: vuitton
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...teenager. The playoff between the trappings of elegance and industrial streamlining is Prada's signature. Her first designs back in 1979 were backpacks and tote bags cut along classic lines but made of tough nylon used by the Italian army. They are now the '90s equivalent of Louis Vuitton initials. Prada says she was drawn to designing by her overwhelming fascination with clothes and textiles (she still has every outfit she ever bought and lifts an occasional idea from a Courreges or a Chanel in her own wardrobe...
Picture a kindergarten of the future as the teacher calls the alphabetical roll: "Armani, Burberry, Cartier, Fendi, Gucci, Hermes . . ." all the way down to ". . . Valentino, Vuitton and Zabar." Instead of superhero lunch boxes, these kids will tote personalized shopping bags. And what about children cursed with parents whose taste in store names is simply too plebeian? On Geraldo, talk-show shrinks will discuss the trauma of low-rent names like Kmart Smith and Shoe-Town Jones...
...million in profits last year on turnover of around $460 million, Moet & Chandon, the largest producer, announced last May that 245 employees would be laid off for economic reasons -- the first time in living memory that the industry had shrunk its work force. Then, in June, Moet Hennessy Louis Vuitton, which owns Moet, announced 457 layoffs. An employee backlash has since forced the producers to rethink their cost-cutting strategy, and a regional labor court ruled in August that employees cannot be fired summarily. But the pressure to reduce costs is still...
...thus helps exports. For example, Ford expects the low exchange rate to boost sales of its new right-hand-drive compact, the Probe, which it plans to ship to Japan. A cheap dollar, however, increases inflation because U.S. consumers have to pay more for such foreign goods as Louis Vuitton luggage or Hermes scarves. A declining currency is also seen as a vote of no- confidence by foreign investors in a country's economy -- and in the people managing...
...special-delivery package bulged with sportswear bearing fancy logos like Giorgio, Gucci, Nike and Louis Vuitton. A chic boutique? No, the recipient was the Good Shepherd Center for Homeless Women in Los Angeles. And the merchandise was $1 million worth of counterfeit name-brand T shirts, sweat shirts and running suits seized by lawmen in a sting operation last December. Instead of destroying the phony duds, city attorney James K. Hahn launched an unusual salvage operation.With the O.K. of firms whose names were pirated, the city divided the 43,000 items among eight community-service organizations. "Come winter those things...