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Fashion in 60 Seconds News 2008-05-01 06:47:38

Fashion in 50 Seconds 05/01

Karl Lagerfeld and Carine Roitfeld are both slated for this year's Time Magazine '100 Most Influential People In The World' issue. Both, interestingly enough, are sited as accomplished for mixing the world of high fashion with 'street' culture. Lagerfeld, for using unlikely sources of inspiration in creating collections that are as influential to the industry as couture, and Roitfeld for balancing the interests of society and mainstream culture without exploiting either (or so Time says).

Of Calvin Klein's 18 freestanding stores in the Middle East, nine are in Dubai. In consequence, the fashion house brought its international installation (a Spring 08 presentation where models stand inside what looks like plexiglass test tubes) to the Middle Eastern city that's delivered (financially speaking) on all of its promises. The installation traveled to Tokyo, Beijing, and London beforehand.

Kohl's, the American department store chain, faced with the tightened pursestrings of the recession, will only open 75 stores this year, rather than the 95-100 it has been averaging (last year, 112 stores were opened). This 'conservative' strategy will also put the retailer short of its 2012 goal of having 1,400 stores.

More fashion happenings...There was almost a strike at the Bloomingdales at 59th street, the union's contract expired on March 1st and the company just can't pin down their stance on the whole 'health care' thing. Nina Garcia was spotted outside of the Hearst building, leaving some to believe she's off for a gig at Harper's Bazaar. Speaking of Dubai, Versace is building a seven star luxury resort called Palazzo Versace Dubai with 169 private 'residences' and 213 hotel suites (right).

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