Wednesday, 23 May 2012

Milan Fashion Week-Italian Designers-Asian Consumers-Italian Fashion-Giorgio Armani

Milan fashion warms up for frosty autumn/winter 2012 season

MILAN (Reuters) - Italian designers will do their best to grab the attention of free-spending Asian consumers and any remaining luxury shoppers in austerity-hit Europe when they send their autumn/winter 2012 collections down the catwalk for Milan Fashion Week. Gucci will kick off Wednesday, with Giorgio Armani and Prada also among the 72 catwalk shows drawing thousands of buyers and the fashion press. All will be hoping 2012 will not be a repeat of the 2009 financial markets meltdown which hit the luxury industry hard. Sales of Italian fashion are forecast to be down 5.2 percent in 2012 from ... read more..

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