Word: wearings
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Dates: during 2000-2009
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...duty-free shops, have no previous experience running a fashion house. The looming question: Would they allow Lacroix to continue his haute-couture line which, like most others, is a perennial money loser? Or was their aim to milk Lacroix's name to cash in on his ready-to-wear clothes and accessories or introduce assorted baubles...
...haute couture--the handcrafted, custom-made clothes that purists consider fashion's highest art form--was just one of many reminders last week of the fashion industry's turmoil. And the dislocations are by no means confined to the rarefied levels of couture. Tremors are shaking up ready-to-wear too. In the late 1990s luxury groups like Gucci and Prada began snapping up stakes in labels by ultracool but often young and untested designers. Now the money men are losing patience and no longer want to wait for a hefty return on their investments. At the same time, restive...
...last week, Helmut Lang, the Austrian-born ready-to-wear designer and reigning minimalist of the '90s, resigned from his own company, which is owned by the Prada Group. The move ended a feud with Prada CEO Patrizio Bertelli over how to reverse losses at Lang's line. In the mid-'90s, Lang's sales were as high as $100 million. When he sold a 51% stake in his namesake brand in 1999, Lang touted Bertelli as a guy who "understands the culture of a high-end product," and said, "His line is very, very well managed." Bertelli, who later...
...keep a line going after the designer has departed. In November designer Jil Sander walked out of her Prada-owned company for the second time. Back in 1999, less than six months after striking a deal with Lang, Bertelli bought a 75% stake in Sander's coveted ready-to-wear label. The deal made the Prada Group Italy's largest private luxury-goods conglomerate. Echoing Lang, Sander said she had picked Prada from a string of suitors because her company and Prada shared a "common understanding of fashion." Just four months later, Sander stormed out of the house...
...identically damaged souls, orbiting one another faster and faster, out of control, lost in space. There's plenty of sharp, funny show-biz business here. The celebrity cameos come thick and fast (Sharon Stone! Rob Reiner!), and Thad's guest spot on Starwatch is hilariously embarrassing--he has to wear alien makeup and say things like "I believe ... we are being appropriated by the Vorbalidian System." But Wagner boldly goes beyond satire in The Chrysanthemum Palace. He finds surprising depths to plumb, even in the land of the superficial. The question that drives the book is, Can children ever escape...