Word: yves
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...What Christie's didn't trumpet was the identity of the seller: François Pinault, the self-made French billionaire whose holdings happen to include Christie's itself. The Rothko was in good company. Lot 39 at the same May 14 auction was a "beautiful and mesmerizing" Yves Klein work owned by Pinault that went for $5.3 million. A week earlier, a Degas statue of a 14-year-old dancer from his collection fetched $10.3 million. A week later, Christie's in London raised €1.3 million from an unprecedented clearance sale of vintage wine from his legendary Bordeaux...
...doctors to jack up medicine prices to cover their expenses. Yet the project costs MSF just 25? per person per year?a tiny investment that has brought basic health care to some 8,500 people. "We wanted to create a grassroots example of a practical program that works," says Yves Marchandy, who runs the program. But the project is scheduled to end in June. Local authorities don't plan to continue it because they don't have the budget. "The hospital authorities are overly focused on turning a profit," says Marchandy...
...conceded the defendant - a man named Yves Verwaerde - he had opened a $2 million Swiss bank account with the code name "Salad" in July 1991, when he was a Member of the European Parliament. It was his other employer at the time, the French oil company Elf, that asked him to open the account, he explained. The salad full of greenbacks was earmarked for Jonas Savimbi, the rebel leader in Angola, where Elf was negotiating important contracts. Listening intently in the wood-paneled courtroom of the Paris Tribunal last week, Judge Michel Desplan had some questions. If this $2 million...
...cities matter. Twice a year the fashion houses in Paris and Milan compete for press attention, bragging rights and the dollars of store buyers around the world. Though the lines between the two capitals have blurred - Karl Lagerfeld and Tom Ford design for houses in both cities; French label Yves Saint Laurent is now run by the Italian Gucci Group, which is owned by the French company PPR - arguing about which city puts on the best shows remains a favorite parlor game of the fashion set. For the last 10 years, Milan has been winning, as Italian houses like Prada...
There isn't one. New styles for the classic American bag fueled sales growth of 20% between 2001 and 2002 for Coach, and the company is promising logo bags and hats to keep customers (and Wall Street) happy in 2003. Gucci Group's Yves Saint Laurent is succeeding thanks to a new designer - Tom Ford - a host of new stores, and a new brand image...