By  on November 2, 2010

Hedonism is the new black — and it’s just one reason to be optimistic about future growth prospects for the fashion industry.

So says François-Henri Pinault, chairman and chief executive officer of French retail-to-luxury conglomerate PPR, who opened WWD’s CEO Summit here Monday with a powerful keynote address that identified five structural trends — headlined by hedonism — that will enlarge the global audience and appetite for clothing and accessories.

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