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...ultimately through his very visible links to the grand and the fallen, the fabulous and semifabulous, that Versace left his most significant cultural legacy. The first designer to use known magazine models at his runway shows in the early '80s and the first to shrewdly place celebrities like Bruce Springsteen and Sylvester Stallone in the front rows of his audiences, Versace fused the cults of celebrity and style. The spectacles he created, replete with the blaring sounds of rockers like George Michael and clothes that were just as loud, earned the designer all the publicity they were meant to garner...

Author: /time Magazine | Title: GIANNI VERSACE: LA DOLCE VITA | 7/28/1997 | See Source »

...pushed Japan into an economic league of its own. No other country had such low unemployment and low inflation; the rest of the world struggled with stagflation (high unemployment and inflation). Japan racked up some $400 billion in trade surpluses in the decade. Indeed, by the end of the '80s, Japan had reached a standard of living that exceeded the U.S.'s (besting it by 17% as measured by gross national product per capita). Japan's ability to improve products and lower prices compensated for its lack of world-class technological innovation...

Author: /time Magazine | Title: THE BEST OF TIMES? | 7/28/1997 | See Source »

...gargantuan slugger. Indeed, Irabu is 6 ft. 3 in. and 240 lbs., wears a size 52 jacket and pants with a 40-in. waist. In his monthlong tour of the minors, where he made six starts, Irabu impressed his Yankee escorts with his fastball (high 90s), fork ball (high 80s) and fork. "He ate everything," said Arthur Richman, the 72-year-old club executive who accompanied Irabu at his stops in Florida, Connecticut, upstate New York and Ohio. "Steaks. Italian. Chinese. Yesterday I took him to the Second Avenue Deli, and he gulped down matzoh-ball soup and a turkey...

Author: /time Magazine | Title: THE ORIENT EXPRESS | 7/21/1997 | See Source »

SKIN-CANCER RISE Among Caucasians, the incidence of squamous-cell carcinoma is climbing faster than expected. Since the mid-'80s, rates have doubled in women and gone up one-quarter...

Author: /time Magazine | Title: Notebook: Jul. 7, 1997 | 7/7/1997 | See Source »

Bloated work forces are weighing down even potentially profitable enterprises. When the Jinbei minivan plant wanted to acquire land including a brickyard to expand its factory in the late '80s, it had to take on the brickworks' 2,000 employees as well. Nonetheless, five cities in the northeast dismissed or "resettled" more than 420,000 workers last year, and the provincial government in Shenyang has announced it will cut an additional...

Author: /time Magazine | Title: INSIDE CHINA | 6/30/1997 | See Source »

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