If anyone wants to know the difference between Milan and New York fashion, the two cities that are most often seem as similar in their focus on the commercial as opposed to the insanely creative/conceptual, simply consider two recent pieces of news from over the pond: first, in her official term 2 Flotus portrait, Mrs O is wearing Reed Krakoff; second, the CFDA has hired Boston Consulting Group to help them determine their goals for the next five years. Fashion-as-business! It doesn’t get any clearer than that.
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Vanessa has been the FT’s fashion editor since 2003, and is based in New York, though she lived in London for 12 years.