Vol. No.
COVER
Fashion designers may get all the glory, but they don't necessarily pull the strings anymore. In today's global luxury business, the key to success is not only the talent but also how to manage it
Green Is the New Black (Art Of The Deal)
Fashion is suddenly a hot commodity for private-equity firms flush with cash. From Paris to New York City, they're taking their seat in the proverbial front row and betting on a business they once deemed too risky
Bon Business (Art Of The Deal)
One street-savvy Parisian launched a small, affordable California contemporary label 17 years ago. Today BCBG Max Azria Group is a $1 billion global fashion powerhouse
Who Drives Diesel? (Art Of The Deal)
With his laid-back look and casual air, Renzo Rosso doesn't appear to be a typical luxury leader. But his smart deals and creative flair have turned Diesel into a major fashion player
Luxury's New Lotus (Art Of The Deal)
Sheetal Mafatlal is India's fashion-retail pioneer. But can she persuade the subcontinent's emerging consumer class to invest $1,200 in a handbag?
Sister Act (Luxury Source)
Designers Tia and Fiona Cibani have built a stronghold of style in mainland China with their popular Ports line
Evening Star (Artifact)
Giorgio Armani has made the tuxedo a red-carpet icon and a runway hit
Cutting Edge (Luxury Source)
Swarovski crystals is run by descendants of founder Daniel, and together they are bringing the leading crystal manufacturer into the future with technological innovation and fashion flair
Stealth Style (Luxury Source)
Far from the fashion fray, designer Albert Kriemler and his president brother Peter have quietly made Akris a best-selling brand
PEOPLE
how consumers squeeze a deal out of every dollar
SPECIAL SECTION
Spanish couturier Cristobal Balenciaga's rigorous cut and subtle style lent women a sense of dignity and poise that still inspires designers
TO OUR READERS
NOTEBOOK
Parisians are flocking to Stéphane Jaulin's L'Appartement 217 for his holistic treatments
The A List
A look at fall's best-selling denim brands and where in the world you can buy them, from Stockholm to Scottsdale
Ian Callum (Q & A)
Jaguar's design director talks to TIME's Caroline Tell about his Jags, Ferraris and new XK model
Motion Commotion
With high-tech innovations in performance fabrics and design, activewear is working harder than ever to keep its cool–in the gym and on high-fashion runways
Smiling for Dollars (Beauty)
Celebrities used to think cosmetics contracts were bad for their image. But now they are signing up to hawk everything from lipstick to lotion
Euro Stars (Beauty)
European niche brands are bringing innovation and quirky ideas back to beauty counters on both sides of the Atlantic
Social Studies (RETAIL TRENDS)
Not content to surf the Web solo, serious shoppers are flocking to retail venues that encourage more than just spending
Home (Home)
Travel (Travel)
An Armani to Call Your Own (RETAIL NEWS)
From Pantaloons To Power Ties (EXHIBIT)
ALSO IN THIS ISSUE
Marni designer Consuelo Castiglioni shares her favorite secret addresses on the windswept Spanish Balearic island
Earth First (Right This Minute)
Cap off summer and plant yourself in fall with the season's favorite fashion and home-décor shade: mushroom
The Big Deal
Can any self-centered hack get an endorsement contract? Joel Stein speed-dials his agent to see if he can leverage his condition into megabucks
Power Tools
In keeping with fall's '80s-inspired mood, designers gild accessories with studs, medallions, lamé and even 18-karat gold
How Is Fashion Shaping Up?
Fur skirts? Winged sleeves? Six-inch platforms? Designers are anything but risk-averse when it comes to leveraging fall style
The Art of the Luxury Deal