What I Learned at Fashion Month

From the get-go, the most recent round of fashion weeks felt different. I didn’t make it to New York this season, but as I started meeting with CEOs and creative directors for catch-ups in London, Milan and Paris, it became more clear than ever that the industry is mired in a deep malaise. One CEO with 40 years of experience in the luxury fashion sector said he had never before witnessed such a marked shift in consumer sentiment in all major markets around the world, all at the same time.

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