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Emanuel Ungaro

The Fashion Statement: Luxury in Flux

Filed under: The Fashion Statement



You can blame plenty of things on the recession, but luxury fashion may never be the same.

Houses are way past worrying whether the haute couture segment of their business will live or die. Now the industry is lowering the prices of their ready-to-wear collections, investing more in cheaper secondary lines and producing small collections for cheap chic retailers like H&M. More people probably know Zac Posen from his capsule line for Target than for his self-named ready-to-wear collection that hangs at Saks or Neiman Marcus.

Is this the end of luxury-largely defined by exclusivity-as we know it?

The house of Valentino caused a dust up at a Reuters Global Luxury Summit late last week. Never having sold an evening gown for less than 2,000 euros, Valentino is offering cocktail dresses for half that and T-shirts priced at about $300. The main question at the summit: How can Valentino be more accessible without losing its luxury appeal?

"Being more affordable means you are trying to get new customers on board," Valentino's CEO Stefano Sassi told the summit. "We are not stretching down the brand. We are trying to say that you can be both couture and contemporary."

Emanuel Ungaro 'Very Hot' Clutch, Handbag of the Day

Filed under: Handbags


This "Very Hot" Clutch by Emanuel Ungaro is extremely similar to his "Stamped Clutch" I covered earlier but in this case the little things are what make all the difference in the world. Like night and day the two bags give off completely different vibes, this one in silver metallic and matching hardware coming off as sleek without being pretentious and feminine without being frilly. It's oversized, which makes it come off a little more casual I think, and besides the detachable chain handle and divided interior compartments it has a bright fuschia lining. $1,220

Emanuel Ungaro Stamped Shoulder Clutch, Handbag of the Day

Filed under: Handbags


The Stamped Leather Shoulder Clutch by Emanuel Ungaro is a casual, "bad-ass" version of the classic little black bag. Black stamped leather is accented with silver hardware and lots of seams, a fold-over flap front with both a magnetic closure and a designer-embossed push-clasp, stud detail at sides, and a long silver chain shoulder strap. The interior is divided into two compartments with zip and pouch pockets, plus it's lined in bright fuchsia grosgrain for a shot of much-needed femininity to round everything out. $1,150

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