By  on September 9, 2008

Designers change to meet the challenges of suddenly tougher economic times.

For more than a decade, the British economy had been racing forward, with house prices swelling, the financial services industry flourishing, and consumer confidence at an all-time high. Oligarchs, oil barons and the world’s uberrich flocked to London for its luxury real estate, shopping and hip,
cosmopolitan vibe.

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