The emerging market slowdown has hit luxury fashion, with U.K. brands like Burberry and Mulberry rattling investors with warnings of slowing growth in Asia.
However, all was not doom and gloom at London Fashion Week, particularly after the British Fashion Council opened the event on Friday by highlighting the industry's substantial growth over the last five years. The Council noted the U.K. fashion industry was now worth £26 billion ($43 billion), up from £21 billion 2009. In addition, the sector supports 797,000 jobs.
Designers at fashion week even appeared unfazed by the prospect of falling sales in China. Pringle of Scotland's design chief Massimo Nicosia told CNBC the brand was opening more Chinese branches.
"Emerging markets, or what once were considered emerging markets, are very knowledgeable," he said. "Chinese customers are learning very quickly."
Click ahead for some highlights from London Fashion Week Autumn/Winter 2014 and catch some of the trends we'll be seeing later on this year.
London supermodel Cara Delevingne cemented her celebrity status on Sunday with the launch of her own bag collection for luxury brand Mulberry. The 21-year-old appeared barefoot on stage with her collection, amid a woodland scene that featured hunting dogs and a pair of red-headed men.
(Read more: More swank? New York Fashion Week trims guest list)
Most designers pray for strong sales, but U.K. fashion grande dame Vivenne Westwood emphasized the environmental benefits of selling less on Sunday.
"Quality doesn't hurt the planet as much as quantity," Westwood told CNBC backstage after her show, which was attended by English singer-songwriters Jessie J and Paloma Faith.
Westwood (pictured on the right) went on to highlight the case against fracking — a new technique for drilling for natural gas.
"Everything's being done for a quick profit. That is what has been done with fossil fuels. That is what they are trying to do with fracking… and a few people will have made a lot of money," the 72-year-old said.
(Read more: Howthe US shale boom will be felt around the world)
2014 will be a big year for Burberry, with Christopher Bailey replacing outgoing CEO Angela Ahrendts, who is leaving for technology giant Apple.
On Monday, the day of Burberry's catwalk show, Cantor Fitzgerald luxury goods analyst Allegra Perry described Ahrendts' exit as one of the "biggest risks" facing Burberry.
"Clearly, any time you have such a senior person leaving the company, there is always a bit of transition risk. I think in this case, given how powerful and successful Angela Ahrendts is, and how well respected she is, that risk is even greater," Perry told CNBC.
However, Burberry retains the services of Cara Delevingne, who led the train of models walking the catwalk on Monday. Delevingne is pictured here backstage before the show.
(View more: Fashion shows help brands 'flex their muscles': Pro)
Alice Temperley's models were also dressed for the weather, this time in oversized patterned scarves. The show, held at The Savoy hotel, featured the designer's trademark prints on three-quarter-length trousers and jackets, with an emphasis on sheer panels and shades of china blue.
(View more: Fashion is a 'great British export')
Some say London Fashion Week has become less quirky in recent years and more commercially driven like its New York cousin, Mercedes-Benz Fashion Week. However, Londoners-on-the-street remain as proudly and eccentrically dressed as ever — as can be seen by the fashion fanatics found congregating outside the week's main venue at Somerset House.
Wearable technology took a leap forward on Friday, when Nokia teamed up with Israeli/Latvian design duo Fyodor Golan to launch a skirt made entirely of smartphones.
The tutu-shaped skirt consists of 35 Nokia Lumia 1520 phones, each with a camera and six-inch screen. As the skirt moves, images on the screens change color, creating a shimmering effect. Nokia claims it is the world's first interactive skirt.
(View more: What's hot and what's not at London Fashion Week?)
The front-row of Topshop's showcase at the Tate Modern art gallery was star-studded. Philip Green, the CEO of Topshop-owner Arcadia Group, sat between American Vogue Editor-in-Chief Anna Wintour and veteran supermodel Kate Moss. Moss was accompanied by her 16-year-old sister Lottie Moss — also a model — who sat next to Net-a-Porter founder Natalie Massenet and model Poppy Delevingne (sister of Cara).
(View more: Topshop: Could Kim replace Kate?)
British stalwart DAKS referenced its heritage — or perhaps the poor weather — with beefeater-style furry hats. The brand also made artful use of its trademark check, which appeared on tights, hats and skirts.
(Read more: 'Absolute core' of UK economy hit by storms)
Luxury knitwear brand Pringle of Scotland is nearly 200 years old, but design head Massimo Nicosia took the brand into the future with a catwalk display that showcased 3D-printed clothes.
Nicosia used nylon powder for the 3D-printed jackets and jumpers, which featured multi-dimensional patterns (see the girl third from left). He said the technology represented the future of fashion.
"3D printing is a driver of change for many disciplines such as design and also architecture," Nicosia told CNBC after Sunday's Pringle show, which was held in the members-only Savile Club.