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How
Luxury
Lost Its Lustre
The decline and hollowing-out of popular luxury fashion is a parable of late capitalism. Iain Overton reports
Luxury fashion is in retreat.
Once a byword for refinement and craft, it now totters in strangely-shaped shoes on the edge of self-parody.
What was designed to signal taste now risks looking gaudy, hollow, and faintly absurd.
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