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Supporters like Fantini say the test is flawed and should not be the sole determiner of high school graduation. But they say the test was established to address the very issue that opponents say MCAS exacerbates: inequity...
...Nonetheless, _Experiments in the Everyday_ offers a delightful display of two artists who pushed in tandem towards an innovative dissolution of traditional notions about art and artist. In the words of Watts, "one can imagine an audience where the audience becomes the sole activator and responds to itself." Until then, we can enjoy the elegant, complete, yet unresolved gallery presentation of Kaprow's and Watts's work at the List...
...brand than any in the LVMH stable. And Gucci is seeking to bestow its panache on shoemaker Sergio Rossi and fallen couture house Yves Saint Laurent, in a series of deals valued at more than $1 billion. "We are going to apply our own business model to YSL," De Sole promises, "going from a licensed-type situation to a controlled situation." Last week YSL announced it would be cutting its licensing agreements from 160 to about 50 to protect the value of its brand. It doesn't hurt that Ford, arguably the premier designer in fashion, will be the creative...
...jewel in the LVMH crown. The leather-goods maker is exactly the type of company Arnault knows how to maximize: a hot name with tightly held licensing and underexploited accessories markets. During the '80s Gucci became an overextended brand synonymous with suburban housewives. Starting in 1994, Gucci's De Sole and Ford began cutting back on licensing while focusing on building up the core fashion and leather-goods businesses. Ford persuaded celebrities like Tom Hanks and Madonna to don Gucci suits, and in just four years, he and De Sole took the company from $250 million to more than...
With that battle raging, Arnault and De Sole clashed last November in a bidding war for Fendi, the maker of last year's to-die-for handbag, the baguette. Gucci's interest in the company probably forced Arnault to pay $200 million more than he would have otherwise before bagging Fendi for $950 million, a steep price for a firm whose net income last year was $20 million. De Sole insists Arnault overpaid for the company. Arnault, of course, vows to work his magic on Fendi. "It's a hot product with limited exposure," he says. "Perfect for what...