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UK fashion industry statistics. Explicit cookie consent. “CHINA through the Looking Glass” at the Metropolitan Museum of Art is a spectacular new show.

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It looks at the way Western fashions once reflected distorted conceptions of China, and makes abundant reference to the glory days of Hollywood. Given that the exhibition is a collaboration between Andrew Bolton of the museum’s Costume Institute and Wong Kar Wai, a Hong Kong-based film director strongly influenced by romantic cinema, this is not surprising. Economy Of Fashion: How Different Trends Reflect The Financial State. It's common knowledge fashion is cyclical in nature.

Economy Of Fashion: How Different Trends Reflect The Financial State

The concept of “newness” in fashion doesn't refer to the premiere of a trend, but rather its revival. Why fashion cycles in this manner, however, is less obvious. There are lots of factors at play: cultural trends, politics, celebrity influence. One one of the most surprising factors to influence the cycle of fashion, though, is the state of the global economy. How should fashion prepare for global instability? How Zara's founder became the richest man in the world - for two days. Image copyright AFP/Getty Images Browsing the rails at Zara, you might not be aware of this: but there's an 80-year-old grandfather in northern Spain who helped pick out what you're taking to the till.

How Zara's founder became the richest man in the world - for two days

Amancio Ortega stepped down as chief executive at Zara's owner, Inditex, five years ago. But he didn't give up work. Not at all. Even this week, when the company's rising share price made him the richest man in the world for two days, he wasn't ready to retire. Primark blames the weather for falling sales. Image copyright Getty Images A warm winter and a cold spring has been blamed for a fall in sales at low-cost fashion retailer Primark.

Primark blames the weather for falling sales

Shoppers left winter clothes on the rails in the run up to Christmas due to unusually warm weather, and a cold March and April depressed sales of summer clothes.