Premium fashion brands have weathered the recession better than expected, with Asian consumers fuelling sales and sending many luxury goods companies’ pre-tax profits back into the black. By Ginanne Brownell
Usually it is the A-list stars that are the focus of paparazzi snappers; at the Burberry catwalk show in London in March, Kate Hudson was certainly looking glam in her sparkly emerald outfit, Claire Danes wowed crowds with her awe-inspiring spiky heels, while Twilight star Kristen Stewart and Mary-Kate Olsen also attracted much attention. But instead of these Hollywood darlings being asked to preen in front of the cameras, all lenses were pointed in the direction of a petite 61-year-old with a severe haircut and a fabulous coat with a fur collar. For in the world of fashion it is American Vogue editor Anna Wintour who reigns supreme and it was no small feat that Burberry’s creative director Christopher Bailey persuaded the fashion doyenne to fly in from New York to attend his autumn/winter catwalk show. Read more