The results of a study by the University of Leeds showed that price was not necessarily an indicator of long-term quality, especially when it came to jeans.
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Balenciaga just shot the fashion industry in the groin.
There’s a new epicentre of luxury spending and it’s not New York, Milan, Shanghai or Abu Dhabi.
Somebody is making a lot of money. And the big brands want in.
Try walking into the high-end jewellers with your small fortune in hand, ready to be spent, and you’ll likely be turned away watchless.