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...sample-sale alchemy is that the merchandise is of a high order. Whereas other discount sites source from third parties, Wilson and Maybank and their company, Gilt Groupe, based in New York City, work directly with each design house. "We are actually helping a lot of designers, especially in these challenging times, because we are able to sell so much volume that our sales are meaningful to designers." So meaningful that a recent Hervé Léger sale sold out in 45 minutes. Indeed, since the November 2007 launch, membership has grown to more than half a million, with several thousand...

Author: /time Magazine | Title: Gilt-y Pleasures | 4/6/2009 | See Source »

...fashion's loftiest ranks, the concepts of luxury and discount go together about as well as navy and black, except in one rarefied setting: the sample sale. Alexis Maybank and Alexandra Wilkis Wilson set out to re-create that élite, high-adrenaline environment with their members-only retail site, gilt.com Every day the site plays host to fashion sales, which, just like the real thing, fling open the doors to the current wares of a single designer?Zac Posen, Marc by Marc Jacobs, Donna Karan, Alessandro Dell'Acqua?at insider prices ranging from 50% to 70% off. All sales...

Author: /time Magazine | Title: Gilt-y Pleasures | 4/6/2009 | See Source »

...Well, O.K., but what individual star power do these folks have? What hits have they headlined? Anyone who can spontaneously name the last film that each of these four starred in deserves a share of F&F's profits. (Or spends too much time fishing through the video-store discount bin. The answers, in case you were wondering, are Babylon A.D., The Lazarus Project, A Cat's Tale and The Texas Chainsaw Massacre: The Beginning...

Author: /time Magazine | Title: Weekend Box Office: Fast & Furious by a Mile | 4/5/2009 | See Source »

...will make Detroit all better. But still, it is at least a temporary boost, especially in these grim times. "This economic injection is real and important," says Rodney Fort, a University of Michigan economist who also specializes in sports. "It's just not permanent." Beyond dollars, we shouldn't discount the intangible perks a major sports event delivers to a city. Detroit families can discuss the big game instead of the plant closing, maybe catch a free concert downtown. And though Michigan State's run may cost the state some extra cash, a national championship will lift the state...

Author: /time Magazine | Title: Why Detroit's Final Four Stimulus Is Overrated | 4/4/2009 | See Source »

...compact cars in its garage. Starting April 22, The Charles Hotel will debut the nanoMAX small car detection system, which will gauge the size of vehicles and automatically encode the information onto the dispensed parking tickets. To reward drivers who choose environmentally-friendly vehicles, compact cars will receive a discounted rate. Normal and oversized cars will not see an increase in parking fees. “We’re constantly looking for ways to make contributions to the community and the environment,†said Alex Attia, the hotel’s general manager. Attia also said there...

Author: By Liyun Jin, CRIMSON STAFF WRITER | Title: Hotel To Reward Green Drivers | 4/1/2009 | See Source »

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