Celebrities and international crowds have descended on the French capital, marking the fashion industry's sweeping return as it rides a post-pandemic spending frenzy.
The final stretch of Paris Fashion Week runs through Oct. 4 and features big names including Chanel, Dior, Hermes, Louis Vuitton and Saint Laurent, rounding out a month of shows that also took place in New York, London and Milan.
Wealthy clientele of fashion houses have largely been shielded from the cost of living crisis. But Exane BNP Paribas analysts added a recessionary scenario to their forecasts for the luxury industry starting in the fourth quarter, and lasting three quarters. "It's three years that are really intense. ... It's impossible not to think that has not influenced my work," said Chiuri, whose shows emphasize the skill and creativity used to transform ordinary, as well as high-end materials into art.
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