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Today resort, that élitist-sounding fashion niche, has exploded into a full-blown category complete with runway shows, designer appearances and lots and lots of very salable merchandise. Originally conceived of as clothes to wear on a vacation--casual separates, swimwear, maybe a few simple cocktail dresses--these days...

Author: /time Magazine | Title: The Third Season | 6/21/2007 | See Source »

Resort wear is typically high-priced, and according to designer Michael Kors, the resort season represents the biggest sales opportunity for his signature line. In response to the demand for these clothes, Kors will, for the first time in 26 years, schedule trunk shows this fall to presell the collection...

Author: /time Magazine | Title: The Third Season | 6/21/2007 | See Source »

And they're not just shopping in the U.S., either. Many of the products designers offer--whether they be a floaty chiffon Dior cocktail dress or a printed Gucci skirt--are also in demand in new and expanding luxury markets, such as Dubai, India and parts of China. They're...

Author: /time Magazine | Title: The Third Season | 6/21/2007 | See Source »

But now the Annapolis Group, whose 124 members take up most of the slots in U.S News's list of the top 100 liberal arts schools, is putting its collective weight behind a web-based alternative to the rankings that is being spearheaded by the 900-member National Association of...

Author: /time Magazine | Title: A Better Way to Rank Colleges? | 6/20/2007 | See Source »

NAICU is trying to provide a more complete picture than U.S News, and the new format doesn't gloss over unpleasant details. For example, it will list a school's current tuition alongside the sticker price from each of the previous four years (Parents, get ready to watch those bar...

Author: /time Magazine | Title: A Better Way to Rank Colleges? | 6/20/2007 | See Source »

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