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High Fashion Faces a Redefining Moment

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SOCIAL MOOD SHIFT
"A dress that Mr. Panichgul plans to make from the cloth for his runway show next week will cost $2,000. He lets it fall away. It troubles Mr. Panichgul that as much as people love beautiful clothes, they do not understand why they cost so much. “It’s becoming a losing battle,” he said."

Department stores cut orders for fall goods by 30 percent, the Times reports.
SOURCE:   New York Times

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