The law passed last December by Mario Monti’s new technocratic government that limits cash transactions in Italy to EUROS 1000 and under has had some unexpected January repercussions on the fashion industry — or so I gathered at a recent, highy entertaining, lunch with Domenico Dolce and Stefano Gabbana, aka Dolce & Gabbana.
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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.