The world economy may be stagnating, but London Fashion Week, coming hot on the heels of New York’s show, provided further reason for investors to feel upbeat about high-end retail.
Speaking at Burberry’s show in Kensington Gardens, London, CEO Angela Ahrendts told CNBC: "(Fashion is) relatively sheltered from the global slowdown. Over 60 percent of the luxury business – not just Burberry – is down to tourism, so most of the big flagship markets are somewhat sheltered in Europe, and in America."
The variety of trends on display during the week suggested other fashion houses share her confidence. Styles exhibited ranged from girly florals and pastels, to androgynous boyfriend jackets and Morticia Adams-inspired gothic maxi dresses. Fur also put in an appearance, along with an eye-watering palette of lemon yellows, fuchsia pinks and cornflower blues.
Click ahead for scenes from London's Fashion Week.
By Katy Barnato
Posted 27 Sept 2011