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Four companies that may show a path for ‘recession-proof’ fashion

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Representative image  (WSJ)Premium
Representative image (WSJ)

  • As luxury fashion eyes a downturn, four case studies in Milan may point to a way to blend the avant-garde with the investment-grade.

At the fall/winter collections in Milan, where much of the world’s luxury fashion is marketed, money was on everyone’s minds. Will the luxury industry contract along with the economy—or will it manage to churn out clothing that is recession-proof? And why is this tagliatelle or that handbag so darn expensive?