Ciao from Milano where the fashion mood was subdued to say the least. A certain melancholy seemed to have gripped the city’s designers as they reflected on how to create high fashion collections in the face of global unrest and the uneasy fact of the ongoing financial downturn.
With the middle income customer squeezed out of spending, luxury fashion has found itself in a hyper-rich arms race, with ever inflating prices ring fencing collections away from the aspirational shopper.
