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...formally announced in New York City on Sept. 23 on the fringes of the U.N. General Assembly, and accompanied by a marketing blitz. British Prime Minister Gordon Brown and the head of the World Bank, Robert Zoellick, are expected to participate in the launch, as well as the chief executives of the three companies that have made it technically possible: Amadeus, Sabre and Travelport/Galileo, who run the reservation and ticketing systems for most of the world's airlines. Barring any last-minute technical or legal hitches, the scheme will roll out in late January in the U.S. and several European...
...next move for ritzy retailers? Department stores cut new merchandise orders for the upcoming holiday season by at least 20% to bring supply in line with demand, and began pressuring fashion houses to offer lower-priced goods. "They needed to get traffic into their stores," says Milton Pedraza, chief executive of the Luxury Institute...
...Super 8 Motel in Cromwell, CT, and charged with murder. The police has taken him to the New Haven police headquarters in an unmarked police car, and he's expected to be arraigned within the next 24 hours. Clark's bond is set at $3 million, and Chief James Lewis did not designate a motive beyond “an issue of workplace violence...
...reigning Ivy League Rookie of the Year will look to improve on his 11 goals and 24 points of last year and once again join the All-Ivy First Team. Dartmouth boasts a formidable attack with Henderson, Keat, and Mkosana and will serve as the Crimson’s chief contenders for the title this season...
...example, he continues, “It’s kind of cutting-edge because you get to be an artist and a mad scientist.” SAY NO TO UGGS: THE ANTI-FAD CAMPAIGNEchoing the glitz and glamour of New York Fashion Week itself, Vogue editor-in-chief Anna Wintour took the notion of consumer incentives to dizzying new heights on Sept. 10 with Fashion’s Night Out. Billed as “a global initiative to promote retail, restore consumer confidence, and celebrate fashion,” amidst an economic recession, the event took place...