FASHION has become serious business. While hemlines, cuts, textures and tailoring have graced fashion runways the world over, the tide of fashion shows seen on television in the past few years indicates that fashion is a powerful industry.
After all, isn’t Amancio Ortega Gaona, the Spanish founding chairman of the Inditex fashion group, (best known for its chain of Zara clothing and accessories retail shops) ranked the third richest person in the world by Forbes with a net worth of US$64bil (RM209bil)? Impressive, what mass-priced jackets and skirts can do for company bottom lines.